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\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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')) {

                trigger_error($message, E_USER_WARNING);

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Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.

Mumbai: People&rsquo;s demand for cash continues to head northwards compared to pre-demonetisation levels despite..."/>
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Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.

Mumbai: People&rsquo;s demand for cash continues to head northwards compared to pre-demonetisation levels despite..." />
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    <h1 class="cat-box-title">Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu</h1>
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                            <div align="justify">-Business Standard<br /><br /><em>Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.<br /><br />Mumbai: </em>People&rsquo;s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016.<br /><br />Currency with the public (CwP), or people&rsquo;s demand for cash or currency, is 7 per cent higher at Rs 18.25 trillion at the end of April compared to Rs 17 trillion at the beginning of November 2016, the Reserve Bank of India&rsquo;s (RBI) data reveals.<br /><br />Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the government has taken necessary steps to expand banking services substantially.<br /><br />Today, around 80 per cent of Indians have a bank account, thanks to improvements in access to formal finance channels.<br /><br />While account ownership has increased by 79 per cent since 2014, around 38 per cent of all bank accounts were inactive over the course of last year, the survey found. Similarly, the Jan Dhan Yojana, which was launched in 2014, has added around 310 million banking accounts with deposits totalling Rs 812 billion as of May 9.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html" title="http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu</h1>
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                            <div align="justify">-Business Standard<br /><br /><em>Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.<br /><br />Mumbai: </em>People&rsquo;s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016.<br /><br />Currency with the public (CwP), or people&rsquo;s demand for cash or currency, is 7 per cent higher at Rs 18.25 trillion at the end of April compared to Rs 17 trillion at the beginning of November 2016, the Reserve Bank of India&rsquo;s (RBI) data reveals.<br /><br />Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the government has taken necessary steps to expand banking services substantially.<br /><br />Today, around 80 per cent of Indians have a bank account, thanks to improvements in access to formal finance channels.<br /><br />While account ownership has increased by 79 per cent since 2014, around 38 per cent of all bank accounts were inactive over the course of last year, the survey found. Similarly, the Jan Dhan Yojana, which was launched in 2014, has added around 310 million banking accounts with deposits totalling Rs 812 billion as of May 9.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html" title="http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu    </title>
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Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.

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-Business Standard

Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.

Mumbai: People&rsquo;s demand for cash continues to head northwards compared to pre-demonetisation levels despite..." />
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    <h1 class="cat-box-title">Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu</h1>
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                            <div align="justify">-Business Standard<br /><br /><em>Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.<br /><br />Mumbai: </em>People&rsquo;s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016.<br /><br />Currency with the public (CwP), or people&rsquo;s demand for cash or currency, is 7 per cent higher at Rs 18.25 trillion at the end of April compared to Rs 17 trillion at the beginning of November 2016, the Reserve Bank of India&rsquo;s (RBI) data reveals.<br /><br />Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the government has taken necessary steps to expand banking services substantially.<br /><br />Today, around 80 per cent of Indians have a bank account, thanks to improvements in access to formal finance channels.<br /><br />While account ownership has increased by 79 per cent since 2014, around 38 per cent of all bank accounts were inactive over the course of last year, the survey found. Similarly, the Jan Dhan Yojana, which was launched in 2014, has added around 310 million banking accounts with deposits totalling Rs 812 billion as of May 9.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html" title="http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html">click here</a> to read more. <br /></div>                                                           
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Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu

Published on May 22, 2018   Modified on May 22, 2018

-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016. Currency with the public (CwP), or people’s demand for cash or currency, is 7 per cent higher at Rs 18.25 trillion at the end of April compared to Rs 17 trillion at the beginning of November 2016, the Reserve Bank of India’s (RBI) data reveals. Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the government has taken necessary steps to expand banking services substantially. Today, around 80 per cent of Indians have a bank account, thanks to improvements in access to formal finance channels. While account ownership has increased by 79 per cent since 2014, around 38 per cent of all bank accounts were inactive over the course of last year, the survey found. Similarly, the Jan Dhan Yojana, which was launched in 2014, has added around 310 million banking accounts with deposits totalling Rs 812 billion as of May 9. Please click here to read more.

Business Standard, 22 May, 2018, http://www.business-standard.com/article/economy-policy/demonetisation-effect-demand-for-cash-rises-7-says-rbi-118052200050_1.html

Tagged with: Currency demonetisation Cash Hoarding Cash payments Cash shortage Cashless Economy Cashless Transactions Demonetisation

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