Business EconomyPosted at: Apr 19 2018 10:02PM

Cash crunch: urgent steps needed: AIRRBEA

Hyderabad, Apr 19 (UNI) All India Regional Rural Bank Employees Association (AIRRBEA) on Thursday urged the Finance Ministry to take some urgent steps to overcome the acute cash crunch in banks.

In a letter addressed to Finance Minister Arun Jaitely, the Association Secretary General S Venkateswar Reddy
said that after serious of interactions with cross section of customers and feedback from operational level, requesting him to intervene on top priority to mitigate the suffering of customers.
If the trend is not arrested urgently, loans and many schemes launched by governments would be hampered, he cautioned.
It is a fact that peoples faith in banking is on steady decline since abrupt demonetisation and consequent severe hardships faced by customers due to acute shortage of cash, Reddy said the deposit growth in the banks for the last financial year has been bear minimum at below 6 per cent, mostly interest growth.
Fresh growth of deposits is almost stagnated and the withdrawal rush is multiplying in the present financial year, he said in his letter.
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IREDA nets all-time high at Rs 1,252 23 cr in FY24

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New Delhi, April 19 (UNI) Indian Renewable Energy Development Agency Ltd. (IREDA), the nation's largest pure-play green financing NBFC, Friday announced an all-time high net profit of Rs. 1,252.23 crore in 2023-24, a 44.83 per cent jump over the previous fiscal year 2022-23.

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

Cash crunch: urgent steps needed: AIRRBEA

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KOLKATA, APR 20 (UNI):- Girls use scarves to protect themselves from the scorching sun during hot afternoon in Kolkata on Saturday. UNI PHOTO-66U

KOLKATA, APR 20 (UNI):- Girls use scarves to protect themselves from the scorching sun during hot afternoon in Kolkata on Saturday. UNI PHOTO-65U

AMROHA (UTTAR PRADESH), APR 20 (UNI):- Congress leader Rahul Gandhi and Samajwadi Party supremo Akhilesh Yadav at an election rally in support of I.N.D.I.A alliance candidate for Lok Sabha elections, in Amroha on Saturday. UNI PHOTO-64U

AMROHA (UTTAR PRADESH), APR 20 (UNI):- Congress leader Rahul Gandhi and Samajwadi Party supremo Akhilesh Yadav at an election rally in support of I.N.D.I.A alliance candidate for Lok Sabha elections, in Amroha on Saturday. UNI PHOTO-63U

AMROHA (UTTAR PRADESH), APR 20 (UNI):- Congress leader Rahul Gandhi and Samajwadi Party supremo Akhilesh Yadav at an election rally in support of I.N.D.I.A alliance candidate for Lok Sabha elections, in Amroha on Saturday. UNI PHOTO-62U

KHUNTI, APR 20 (UNI):- Union Minister for Tribal Affairs cum Farmer's Welfare, Arjun Munda, attending Sarhul festival and forthcoming parliamentary election meeting with poor villagers at Torpa village under Khunti district of Jharkhand on Saturday. UNI PHOTO-61U

BELAGAVI, APR 20 (UNI):- Chikkodi Lok Sabha Constituency Election Officer Rahul Sindhe flagging off Special Disabled persons awareness rally related to Lok Sabha election, in Belagavi on Saturday. UNI PHOTO-60U

BELAGAVI, APR 20 (UNI):- Special Disabled persons awareness taking out rally related to Lok Sabha election awareness, in Belagavi on Saturday. UNI PHOTO-59U

JAMMU, APR 20 (UNI):- Jammu and Kashmir BJP president flanked by senior leaders addressing a press conference in Jammu on Saturday. UNI PHOTO-58U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a day Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTOS-57U

RANCHI, APR 20 (UNI):- Police arrested People Liberation Front of India (PLFI) Naxalite Area Commander Soma Hembrome along with PLFI Naxalite Birsa Khandait ahead of Lok Sabha elections at Chaibasa in Ranchi, Jharkhand on Saturday. UNI PHOTO-56U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-55U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-54U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-53U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-52U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-51U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-50U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar Inauguration a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication(CBC), at MGBS in Hyderabad on Saturday. UNI PHOTOS-49U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-48U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-47U