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Home >> News >> 446 Crore Worth Notes Supplied in Bihar and Jharkhand, Yet Crisis of Note

446 Crore Worth Notes Supplied in Bihar and Jharkhand, Yet Crisis of Note

BiharonWeb: 25 Apr, 2018, Cash crisis at banks and ATMs remains a big question. That too when the notes of 446 crore more have been supplied to Bihar and Jharkhand. From January 2018 to 24 April, cash has been supplied in Bihar and Jharkhand for Rs 12,191 crore. This amount is 446 million more than the amount supplied in 2016 at time of demonetization. According to NP Topon, regional director of Bihar-Jharkhand, RBI, people do not pay attention to the rumors of lack of notes and exercise restraint.

RBI's three suggestions

Avoid making unnecessary deposits of cash. Keep as much cash as you need in houses.

Cash kept in the house will not get interest. If you keep these cash in the banks, you will get interest.

In addition to digital transactions, do transactions by coins too.

3 causes of cash crisis after more cash supply

大富豪国际网址 1. Bihar- Jharkhand, ATM and Bank are not returning in proportion to the proportion of money being withdrawn. That is, the circulation of money is being blocked somewhere.

2. Secondly, people are making very little or cashless transactions through banks. Advisory issued by RBI points towards this.

3. Third, when the cash crisis began, the total cash in the country was reported to be 18 lakh crores. In this, cash of Rs 6.7 lakh crore is in the form of notes of Rs 2000 rupees. The printing of these notes is closed on behalf of the government. This note is not returning from the market in a reasonable ratio. Bihar is also not untouched by it.

 

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