Tag: Financial Crisis

Sri Lanka Could Go Bankrupt This Year
Sri Lanka Could Go Bankrupt This Year

The World Bank estimates 500,000 people have fallen below the poverty line since the beginning of the pandemic, the equivalent of five years' progress in fighting poverty.

  • Sunday, 02 January 2022
Bitcoin Could Cause The Next Financial Crash
Bitcoin Could Cause The Next Financial Crash

Deputy Governor Sir Jon Cunliffe said regulation of cryptocurrency 'needs to be pursued as a matter of urgency'.

  • Thursday, 14 October 2021
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ATM cash crunch making life miserable in Odisha

Cuttack/Bolangir/Bhubaneswar: With ATMs across the country running dry, there is no respite for people in Odisha as well. Things have come to such a pass that people are comparing the situation to the demonetization days. Cash shortage at ATMs has resulted in a crisis in SCB Medical College and Hospital, Cuttack where people depend on […]

  • Monday, 26 July 2021
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Cancellation of license of Urban Co-op bank puts depositors in disarray

Baripada: A large number of customers of Urban Cooperative bank in Baripada of Mayurbhanj district are grappling with mental agony since the Reserve Bank India had cancelled the license of the bank citing financial crisis. The depositors have become frustrated after running from pillar to post to withdraw their hard earned money. “We have run […]

  • Friday, 23 July 2021
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