At an estimated 1.9 billion in losses and over 5,000 UK organisations affected, the Jaguar Land Rover cyberattack has been labelled the most economically damaging cyber incident in UK history, exposing the deep vulnerability of interconnected supply chains.
A senior official of a nationalised bank allegedly committed suicide in Baramati, Pune district, Maharashtra, citing work pressure in a note.
The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.
At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.
Special clearing (with return clearing on the same day) shall be conducted in the evening/night of March 30 and 31, with the approval of the president of the local clearing houses run by the RBI/agency bank. This measure has been taken to avoid operational convenience at the local centres so that the clearing instruments relating to government revenue received from the members of the public are realised and credited to government account by March 31, 2009.
The film fails to connect with the audience.
The film is about a thrilling incident happening inside a bank, during the course of a day.
'Russia was hit with sanctions yesterday, but these are not enough to get these foreign troops off our soil. Only through solidarity and determination can this be achieved'
The unions also made a case for introduction of cluster or hub banking, identifying few branches of each bank in each locality so as to enable bank employees to work on rotation.
The finance ministry on Friday asked state governments to accord priority to employees of banks and insurance companies for Covid-19 vaccination, saying they are exposed to high risks during these difficult times.
Tax department feels that the second quarter would be much better than the first quarter of the year as the economy has started improving.
Soon after the lifting of the 13-day moratorium at 6 pm, some customers took to social media complaining that they were not able to access certain services, including internet and mobile banking.
Yes Bank customers will be able to access full banking services from Wednesday evening, as the moratorium will be lifted earlier. The RBI had on March 5 put a moratorium on Yes Bank restricting withdrawals to Rs 50,000 per depositor till April 3. However, the government in a notification on Saturday said the moratorium will be lifted by 18:00 hrs on March 18.
ICICI bank waives ATM charges.
Meanwhile, the Reserve Bank of India too said that it has made arrangements for tax payments beyond banking hours to avoid rush.
All lenders, including public, private, rural and cooperative banks, have been asked to make arrangements to gather information on deposits of the Specified Bank Notes.
We had asked you, dear readers to share your good and bad ATM experiences.
Reserve Bank of India offices and branches of agency banks in the city and satellite township of Navi Mumbai, will remain open on March 30, a holiday owing to Ramnavami, and March 31 to facilitate direct tax collection.
'It is human nature to get angry and annoyed when you are inconvenienced.' 'But we were able to enroll a few of our customers as 'bank mitras', who with my staff made sure that the queues were orderly and coupons were given to all the customers who wanted to withdraw or deposit money.'
Banks have started charging customers for payment of credit card bills through cheque and so paying online makes more sense.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
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