Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <div align="justify">-BusinessToday.in<br /><br />As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily basis. In the country's business capital, Mumbai, banks received in a week what they need on a daily basis. If immediate measures are not taken to pump in more money, the ATMs in these regions could run dry very soon.<br />&nbsp;<br />The government has announced it plans to increase printing of notes by Rs 2,500 crore a day to tide over the crisis.<br />&nbsp;<br />In the NCR, the last time a few large banks received cash from RBI was nearly 6 days ago, causing many ATMs to remain shut.<br />&nbsp;<br />Another possible reason for cash shortage is believed to be the RBI order on movement of cash from cash-surplus circles to those short of currency. &quot;A month back, the Reserve Bank of India (RBI) stopped banks from moving excess cash from one circle to the deficient circles. Hence, many circles have the excess cash supply while the others have nothing,&quot; said the source.<br /><br />Acording to reports, banks are only providing more of Rs 200 and Rs 100 currency notes; only Rs 500 notes are also being curtailed. The All India Bank Officers' Confederation has also claimed there's been around 30-40 per cent cash crunch in the country, which has emerged due to the RBI's constant pressure towards 'digital economy'.<br />&nbsp;<br />&quot;We are facing a cash crunch. We are facing difficulty, don't know what to do,&quot; claimed a resident in the national capital, reported ANI.<br />&nbsp;<br />At a given time, around 8 per cent of the country's ATMs are out of cash. Sources said at the country's biggest public sector bank SBI - that comprises 25 per cent of India's ATMs - about 16 per cent of the ATMs are running dry. In some pockets, the number has even reached 30 per cent. Experts suggest the scenario could also be similar in other larger banks as well.<br /><br />Please <a href="https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html" title="https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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                            <div align="justify">-BusinessToday.in<br /><br />As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily basis. In the country's business capital, Mumbai, banks received in a week what they need on a daily basis. If immediate measures are not taken to pump in more money, the ATMs in these regions could run dry very soon.<br />&nbsp;<br />The government has announced it plans to increase printing of notes by Rs 2,500 crore a day to tide over the crisis.<br />&nbsp;<br />In the NCR, the last time a few large banks received cash from RBI was nearly 6 days ago, causing many ATMs to remain shut.<br />&nbsp;<br />Another possible reason for cash shortage is believed to be the RBI order on movement of cash from cash-surplus circles to those short of currency. &quot;A month back, the Reserve Bank of India (RBI) stopped banks from moving excess cash from one circle to the deficient circles. Hence, many circles have the excess cash supply while the others have nothing,&quot; said the source.<br /><br />Acording to reports, banks are only providing more of Rs 200 and Rs 100 currency notes; only Rs 500 notes are also being curtailed. The All India Bank Officers' Confederation has also claimed there's been around 30-40 per cent cash crunch in the country, which has emerged due to the RBI's constant pressure towards 'digital economy'.<br />&nbsp;<br />&quot;We are facing a cash crunch. We are facing difficulty, don't know what to do,&quot; claimed a resident in the national capital, reported ANI.<br />&nbsp;<br />At a given time, around 8 per cent of the country's ATMs are out of cash. Sources said at the country's biggest public sector bank SBI - that comprises 25 per cent of India's ATMs - about 16 per cent of the ATMs are running dry. In some pockets, the number has even reached 30 per cent. Experts suggest the scenario could also be similar in other larger banks as well.<br /><br />Please <a href="https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html" title="https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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    <h1 class="cat-box-title">Cash shortage likely to get worse in Delhi-NCR, Mumbai as ATMs run dry</h1>
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                            <div align="justify">-BusinessToday.in<br /><br />As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily basis. In the country's business capital, Mumbai, banks received in a week what they need on a daily basis. If immediate measures are not taken to pump in more money, the ATMs in these regions could run dry very soon.<br />&nbsp;<br />The government has announced it plans to increase printing of notes by Rs 2,500 crore a day to tide over the crisis.<br />&nbsp;<br />In the NCR, the last time a few large banks received cash from RBI was nearly 6 days ago, causing many ATMs to remain shut.<br />&nbsp;<br />Another possible reason for cash shortage is believed to be the RBI order on movement of cash from cash-surplus circles to those short of currency. &quot;A month back, the Reserve Bank of India (RBI) stopped banks from moving excess cash from one circle to the deficient circles. Hence, many circles have the excess cash supply while the others have nothing,&quot; said the source.<br /><br />Acording to reports, banks are only providing more of Rs 200 and Rs 100 currency notes; only Rs 500 notes are also being curtailed. The All India Bank Officers' Confederation has also claimed there's been around 30-40 per cent cash crunch in the country, which has emerged due to the RBI's constant pressure towards 'digital economy'.<br />&nbsp;<br />&quot;We are facing a cash crunch. We are facing difficulty, don't know what to do,&quot; claimed a resident in the national capital, reported ANI.<br />&nbsp;<br />At a given time, around 8 per cent of the country's ATMs are out of cash. Sources said at the country's biggest public sector bank SBI - that comprises 25 per cent of India's ATMs - about 16 per cent of the ATMs are running dry. In some pockets, the number has even reached 30 per cent. Experts suggest the scenario could also be similar in other larger banks as well.<br /><br />Please <a href="https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html" title="https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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Cash shortage likely to get worse in Delhi-NCR, Mumbai as ATMs run dry

Published on Apr 18, 2018   Modified on Apr 18, 2018

-BusinessToday.in As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily basis. In the country's business capital, Mumbai, banks received in a week what they need on a daily basis. If immediate measures are not taken to pump in more money, the ATMs in these regions could run dry very soon.   The government has announced it plans to increase printing of notes by Rs 2,500 crore a day to tide over the crisis.   In the NCR, the last time a few large banks received cash from RBI was nearly 6 days ago, causing many ATMs to remain shut.   Another possible reason for cash shortage is believed to be the RBI order on movement of cash from cash-surplus circles to those short of currency. "A month back, the Reserve Bank of India (RBI) stopped banks from moving excess cash from one circle to the deficient circles. Hence, many circles have the excess cash supply while the others have nothing," said the source. Acording to reports, banks are only providing more of Rs 200 and Rs 100 currency notes; only Rs 500 notes are also being curtailed. The All India Bank Officers' Confederation has also claimed there's been around 30-40 per cent cash crunch in the country, which has emerged due to the RBI's constant pressure towards 'digital economy'.   "We are facing a cash crunch. We are facing difficulty, don't know what to do," claimed a resident in the national capital, reported ANI.   At a given time, around 8 per cent of the country's ATMs are out of cash. Sources said at the country's biggest public sector bank SBI - that comprises 25 per cent of India's ATMs - about 16 per cent of the ATMs are running dry. In some pockets, the number has even reached 30 per cent. Experts suggest the scenario could also be similar in other larger banks as well. Please click here to read more.

BusinessToday.in, 17 April, 2018, https://www.businesstoday.in/sectors/banks/cash-crunch-delhi-ncr-mumbai-rbi-short-supply-of-currency-atms/story/275060.html

Tagged with: cash crunch cash deficit Cash shortage Reserve Bank of India Reserve Bank of India (RBI)

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