EBITDA stood at Rs 637 crore in June 2026 quarter, registering the growth of 29% as compared with Rs 496 crore in Q1 FY25.

Indians were given until Dec. 30 to trade their old rupees for the new cash, or deposit them in into a bank account. Then, on Nov. 24, the government banned cash exchanges except at a few Reserve ...

India’s love affair with cash also remains strong. ATM withdrawals dropped in 2016–17, but picked up pace when currency was freely available again. A July 2018 PwC report (pdf) on ATMs in India shows ...

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.

Cash transfers are not limited to women. Farmers are another favoured group. Telangana, a southern state, began doling out stipends to farmers in 2018, worth 4,000 rupees an acre per season.