Credit ride

With people struggling to get cash following the Centre’s order to demonetise higher denomination currency, Ola Cabs has introduced a credit option for those who want to save cash in hand. The postpaid service will allow riders to pay later (within seven days) for their rides by recharging their Ola wallets via net banking, debit or credit cards. A customer can select Ola Credit as their payment option while booking a ride. A user can avail cashless rides based on usage and 
settle dues according to their convenience. The credit cycle begins from the date of the first credit ride.

Quick buck

The demonetisation exercise has allowed many to mint money through illicit bank transactions. People with 
huge amounts of cash are hiring others to stand in line for them to exchange their old notes. Sources said hundreds of people, mainly college students, are being engaged for the job. They are being paid Rs 50 per exchange, said sources.

Tens and twenties

The demand for currency notes of Rs 10 and Rs 20 has gone up considerably. Most traders exchanging notes from the Reserve Bank of India, Bhubaneswar office, are opting for the notes as they can help in business. “Availability of small change is always good for business. I exchanged Rs 4,000 and received Rs 1,000 and Rs 2,000 in denomination 
of Rs 10 and Rs 20 respectively along with the new Rs 2,000 note,” said Gyanendra Dehury, 56, a wholesale trader from Unit-I.

Google to the rescue

Search engine giant Google has come to the rescue of people by introducing a GPS-enabled service to locate nearby ATMs. Since many ATMs in the city continue to run dry, Google’s initiative has come as a relief for people with many people being seen glued to their smartphones to make use of the service. The service enables them to locate cash dispensing machines even in distant parts of Bhubaneswar. Sushree Ankita, a student, said she found out about the service on Wednesday night and located two ATMs nearby, at Saheed Nagar and Bhoi Nagar, from where she withdrew Rs 1,500. “This is a useful service at a time like this,” she said.

Cash cache

Moveable and immoveable property worth over Rs 3.4 crore was unearthed from Dilip Kumar Acharya, an assistant teacher and headmaster in-charge of Garabaganda Primary School within Seragada block in Ganjam district on 
Thursday. According to vigilance sources, cash worth Rs 10,115 recovered during the raid comprised one new 
Rs 2,000 note, while the rest were in denominations of Rs 100 and Rs 10. Officials are baffled over the recovery since no banned Rs 500 and Rs 1,000 was found in Acharya’s possession.

COMPILED BY SANDEEP DWIVEDY, SIBDAS KUNDU, SUNIL PATNAIK AND SANDEEP MISHRA