Cash Ban news and trends

India’s Cash Ban Hurting Rural Areas

February 17, 2017
India Banks Reacy
Amidst New Cash Rules, Uber Debuts Indian Wedding Service
Ridesharing // November 22, 2016

Bloomberg said Monday (Nov. 21) that Uber Tech has been tapping into the currency crunch bedeviling India, launching a wedding-centered car service that is coming just at what is deemed by the newswire as “the height of the country’s marriage season.” The service, newly in...

Currency Ban Fallout In India
International // November 17, 2016

The recent efforts by the Indian government to reform what has traditionally been known as a “cash economy” have thrown daily life in India into a tumult, Bloomberg reported Thursday. As has been widely reported, the removal of the 500-rupee and 1,000-rupee notes from circulation and legal...

Quick Reads
India’s Cash Ban Hurting Rural Areas

February 17, 2017
The decision to make the economy in India less dependent on cash led to a temporary cash shortage that slowed the economy and forced thousands of people to gather outside of banks in an effort to get money to pay for food and wages. The Wall Street Journal revealed that Indian Prime Minister Narendra Modi’s […]

Amidst New Cash Rules, Uber Debuts Indian Wedding Service

November 22, 2016
Bloomberg said Monday (Nov. 21) that Uber Tech has been tapping into the currency crunch bedeviling India, launching a wedding-centered car service that is coming just at what is deemed...

Currency Ban Fallout In India

November 17, 2016
The recent efforts by the Indian government to reform what has traditionally been known as a “cash economy” have thrown daily life in India into a tumult, Bloomberg reported Thursday. As has...