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.