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| Is Bitcoin Failing As a Currency? While cryptocurrencies like bitcoin and ethereum continue to see increasing levels of interest and adoptability globally, they appear to be failing as currencies. In an interview with Bloomberg, Aswath Damodaran, professor of finance at the NYU Stern School of Business compared a speculative ...
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| Huge jump in counterfeit currency post demonetisation, reveals Financial Intelligence Unit report A new Financial Intelligence Unit (FIU) report has found that the country's banks not only received an all-time high amount of fake currency in 2016-17, but also detected an over 480 per cent jump in suspicious transactions post demonetization, the PTI reported. "A noteworthy growth was also seen in the ...
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| Currency supply to ATMs and branches has improved but cash crunch still persists – Top ... Currency supply to ATMs and branches has improved but cash crunch still persists in the system which would be normalised soon, bank officials said today. The officials said that banks are keeping a close vigil on money supply to ATMs on daily basis to ensure that customers do not face any problem.
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