Providing access to unbanked areas in the country has been high on the agenda of RBI, as almost 40 per cent of the population doesn't have a bank account.
Delays in returning money for disputed transactions have also come under RBI's scanner.
The problem is set to grow following issuance of 75 million new RuPay cards in the next six months with the launch of the Jan Dhan Yojana.
Director Rahul Nair's gabby comedy looks at the difficulty of dating in the digital age in a manner that's equal parts shallow and silly, notes Sukanya Verma.
With the war in Ukraine entering its 12th day on Monday and tensions between Kyiv and Moscow showing no signs of easing, the students said there is panic in Belarus and their families in India too are concerned about their wellbeing.
'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'
Investment advisor Harsh Roongta will answer your queries on the ban on Rs 500 and Rs 1000 notes and what you should be doing.
The 50-day deadline to deposit the old Rs 500/1,000 notes in banks comes to an end on Friday but the cash crunch and queues before ATMs are likely to continue for some more time as currency printing presses have failed to meet the huge demand for new bills.
Adequate currency in circulation, temporary shortage to be tackled quickly, says FM
'Sometimes we succeed, sometimes we don't.' 'But you can use the RTI to improve the future.'
In addition to the problem of long queues at automated teller machines, there would be the problem of guiding new cardholders, especially in rural and semi-urban areas, on how to use those cards, some bankers told Business Standard.
Sandeep was nabbed from the same house where LeT commander Bashir Lashkari was killed on July 1. His arrest led to Shah being caught.
Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.
Operation Romeo is disappointing not because it is a bad or boring film, but because it did have something significant to say and chickened out, observes Deepa Gahlot.
'It will cause problems for people who deal in small amounts of cash.' 'I hope it does not cause law and order problems.'
The RBI 'assured people' that enough cash in small denominations is also available at banks.
The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.
Did your employer credit your salary this month? Are you still struggling with cash? Tell us.
Rediff readers tell us how they are beating the heat this summer.
Rajya Sabha was informed that both RBI and banks have enough cash
India Post may be keen to apply for payment bank licence.
Scheduled international passenger flights have remained suspended since March 23, 2020 in the wake of the pandemic and they will now restart from Sunday.
RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system.
The economic affairs secretary said that the focus is on production and supply of Rs 500 and lower denomination notes.
The facility is now available at 258 Big Bazaar and fbb stores in over 115 cities and towns across the country
The money was allegedly diverted by an ATM servicing company in criminal conspiracy with bank officials.
Arundhati Bhattacharya, chairman of country's largest lender State Bank of India said demonetisation of high value notes won't be a problem as the bank has done it before.
The currency ban has changed the lives of the people facilitating this move across India.
As compared to Sunday, the metropolis has reported 1,666 fewer cases, but six more deaths.
Patients and pregnant women, people out to buy essential items, and those travelling to or from railway stations, bus stops and airports will be exempted from the night curfew that kicks in at 11 pm on Monday due to rising COVID-19 cases in Delhi, according to a DDMA order.
Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das on Friday said there was no need to panic over the feared security breach that affected over 32 lakh cards.
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank accounts.
The driver was arrested in the wee hours of Friday from a godown in Okhla area where he was hiding
These include all kinds of ATM transactions. In short, you will be allowed eight free transactions, after which there would be a levy, which should suffice for most people.
Total payments in the economy grew 24.08 per cent to Rs117.43 trillion in value terms in June, compared to Rs94.64 trillion in May.
The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
We sifted through the complaints that landed on our desks and dug out the issues that were most striking and uncommon when it came to debit cards.
Another 8 pm prime ministerial speech. Will this one too lead to a scramble and chaos like his previous 8 pm telecasts?
