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Unfolding India's Consumption Story: India's cash withdrawals from ATMs increase by 5.51% in FY24, CMS Infosystems report shows

Published: April 29, 2024

A report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This growth highlights the continued reliance on cash transactions despite the rise of digital payments. Metro areas saw a significant 10.37% increase in cash withdrawals, while Karnataka led in withdrawals per ATM. The report also notes a rise in spending on media, entertainment, and FMCGs, indicating a positive trend in consumption.

Source: indiatimes.com

Stocks to Watch: Paytm, SBI, Wipro, Paytm, Canara Bank, CMS Infosystems, and Others

Published: February 27, 2024

Stocks to watch: Shares of firms like Paytm, SBI, Wipro, Paytm, Canara Bank, CMS Infosystems, and others will be in focus on Tuesday's trade.

Source: news18.com

Stocks in news: Stocks in news: SBI, Canara Bank, CMS Infosystems, Paytm, Indian Oil

Published: February 27, 2024

Vijay Shekhar Sharma will be stepping down as part-time non-executive chairman and board member at Paytm Payments Bank as part of a board restructuring.

Source: indiatimes.com