Bank Closure and NOV - Payments Space

Indian Currency: No More 500- or 1,000-Rupee Notes

PYMNTS

NOVEMBER 8, 2016

Banks have 50 days to comply with the new directive, with individuals able to exchange those notes beginning Nov. Separately, TheIndianExpress.com reported that smaller currency denominations would not be affected — and also that long lines had been queuing up at ATMs to withdraw cash in advance of bank closures slated for today.

Bank Closure

Bank Closure NOV ATM Government

Three Small US Banks Collapse Over Past Month

PYMNTS

NOVEMBER 18, 2019

recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). The most recent failure was on Nov. 1 when City National Bank of New Jersey closed its three branches with assets of about $120.6

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FDIC Community Banks Non-Bank NOV

Payments Space

Indian Currency: No More 500- or 1,000-Rupee Notes

Three Small US Banks Collapse Over Past Month

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