A Quote by Arundhati Bhattacharya

The capping of cash transactions will help the banks reduce cash intensity. — © Arundhati Bhattacharya
The capping of cash transactions will help the banks reduce cash intensity.
Banning cash transactions over R3 lakh will allow banks to diversify their banking activities into new areas and not mundane ones.
We are quite a way off before people travel around the world without cash in their pockets. The growth of plastic and electronic transactions have tended to impact traveller's cheques rather than cash.
Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
We can think about how we reduce the pain in paying. So, for example, credit cards are wonderful mechanisms to reduce the pain of paying. If you go to a restaurant and you are paying cash, you would feel much worse than if you were paying with credit card. Why? You know the price, there's no surprise, but if you're paying cash, you feel a bit more guilt.
Fractional reserve banks are sitting ducks and are always subject to contraction. When the banks' state of inherent bankruptcy is discovered, for example, people will tend to cash in their deposits, and the contractionary, deflationary pressure could be severe.
I was a kid who was born and raised on Johnny Cash. My father played 'At Folsom Prison' constantly. Cash was the only thing I remember coming from our big, warm stereo console. Even then, I knew Cash was uncool. I knew he was an unhip Republican.
The major changes that will be occurring within the new merged partnership are exciting in many ways. First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.
Capping the size of American banks won't eliminate the needs of big businesses; it will force them to turn to foreign banks that won't face the same restrictions.
In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.
Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.
We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.
If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
I’m not the smartest guy in the world, but I’m certainly not the dumbest. I mean, I’ve read books like "The Unbearable Lightness of Being" and "Love in the Time of Cholera", and I think I’ve understood them. They’re about girls, right? Just kidding. But I have to say my all-time favorite book is Johnny Cash’s autobiography "Cash" by Johnny Cash.
Square is turning informal, cash transactions, like you would do with a taco truck, into card swipes. Stripe is more for the Internet, it's focused on the kinds of transactions that weren't possible years ago. We think about how you would buy things from a mobile phone, crowd-funding, how should that work.
I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.
Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.
This site uses cookies to ensure you get the best experience. More info...
Got it!