Sentences with phrase «banks ran out of cash»

Banks ran out of cash after the ban on 500 ($ 7) and 1,000 rupee notes, which accounted for about 85 % of the money in circulation.
In light of his refusal to carry out the duties of a central bank and act as lender of last resort when Greek banks run out of cash, Mr. Varoufakis has said that: «If necessary, we will issue parallel liquidity and California - style IOU's, in an electronic form.

Not exact matches

Banking stocks opened slightly higher on Wednesday but became one of the worst - performers following news the embattled Monte dei Paschi could run out of cash within four months.
«If we run out of cash we will have to approach the Reserve Bank of India for more.
Running the printing press like never before has indeed produced a mountain of cash on bank balance sheets, but they aren't lending it out much to consumers and business.
That means you could be increasing sales and currently have cash in the bank while simultaneously running out of future cash.
Well guys it is Hell already here on earth endless killings worldwide... Back here where I am Ye is already heading towards that the whole country is on demonstrations demanding resignation of the ruler but he seems unwilling to resign before the end of his ruling period on 2013, while the streets are demanding immediate resignation and that has caused bloodshed in every city in the country... the streets demonstrations has enforced civil strikes all over the country which is now paralyzed... no cash with the banks all money frozen in the central bank... My business is in the field of services therefore I find my self now obliged to dismiss part of my staff in order to be able to survive this unfortunate thing... Already have reduced working hour to one shift to reduce running cost... so you see am now sitting alone in the whole building of our business office writing here as nothing can be done to carry on business even if there is business... Just I pray these unfortunate events passes over soon before it becomes out of control as had happened in Libya... we have nothing to say but (Ina - Lilah - WaIna - Alih - Ragoon) & (Alhmed - Lilah for every thing)... «Mankind has always been Hasty while God has always been the most Patient»...
Bolte's father, felled by a melanoma, had been a dapper Long Island attorney, and when his widow ran out of cash, banks foreclosed on the family's two homes.
If you're constantly writing checks or pulling cash out of the bank, trying to keep a running total for everything can turn into a nightmare.
If doubt grew about the ability of a bank to pay off its depositors, depositors would run to get their cash out of the bank.
This bank has run into a number of problems related to sub-prime loans so rather than continue to pay out the normal dividend and risk running out of cash, the company decided to decrease the amount of dividend.
You're out running errands when you realize you're out of cash and the bank is about to close.
Not when we already know he'll be out of a job, so will most of his staff, the MGS series will be run into the ground and probably go mobile while Konami will continue to run to the bank with shit loads of cash.
And EA as being the greedy step child of MS is running to the bank with all the cash they get out of the deal.
You will run out of cash or the banks will cut you off.
You will also run into duplex LTV restrictions... so lets say you bought it for 100K cash, put 15K into it... then tried to refi - the banks asks for 6 - 12 months seasoning and max ltv on a duplex 80 % LTV... you have tied up the funds and end up with 65,000 back... your going to run out of reserves.
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