'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.
'The experience so far is a shocking example of how critical scheme of national importance can be brought into disrepute by inefficient and badly designed implementation,' says Dr Madhav Godbole, the former Union home secretary.
Videsh Sanchar Nigam Ltd has inked a pact with ICICI Bank Ltd, whereby the private sector bank will distribute the former's Tata Indicom dial-up Internet services through its ATMs in the country.
The current limit of Rs 24,000 per week has been raised to Rs 50,000 for savings accounts.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
The facility can be accessed using internet banking, Aadhaar number, ATM and email.
Dhanteras is considered auspicious for investment and buying gold.
'This way, you'll maintain our glorious traditional values and get more efficient governance as well.'
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
As the government attempts to find a truce with a united opposition, which has disrupted both the Houses of Parliament since the beginning of the Winter Session, Prime Minister Narendra Modi is likely to participate in the discussion on demonetisation in Rajya Sabha.
The Monopolies and Restrictive Trade Practices Commission passed the direction on a complaint from a credit card customer of the bank that he was wrongfully billed for a cash withdrawal of Rs 16,000, although he had never used the card in an ATM.
After days of incessant rains, the situation improved in many parts of Kerala, Karnataka and Maharashtra on Tuesday with water receding in affected areas.
Curfew-like restrictions have been imposed in the area, which is the headquarters of the Dera Sacha Sauda sect.
"Your money will be given to those select 15-20 industrialists," Rahul alleged.
'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.
A gunman working with HDFC bank fled with Rs 19,50,300 cash at Kamlacity Complex N M Joshi Marg in south-central Mumbai. The gunman Shafik Ahmed, 25, and the bank's cashier withdrew cash from the bank in order to deposit it in various ATM centres.
Withdrawals from basic savings bank deposit accounts are capped at four a month, including withdrawals via ATMs.
Gautam Adani, head of the Rs 45,000-crore Adani group that is in the midst of a controversy, with the Congress party charging the BJP's prime ministerial candidate Narendra Modi with showing special favours to them speaks to CNN-IBN.
As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data
RBI had earlier permitted minors to open fixed and savings deposit bank account with mothers as guardian.
The country's largest bank, which has about 25 per cent market share, has also decided to do away with the charges on fund transfer through mobile phones using the IMPS from August 1.
It's never too late to teach your child financial matters. Start now.
As hundreds of world's rich congregate for the World Economic Forum Annual Meeting in Davos, many of them have also scheduled meetings with Swiss bankers to devise new strategy for their hidden wealth.
Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.
High interest rate, policy uncertainty in the year of elections, along with risk aversion led to slow takeoff in credit demand on the corporate front.
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
As the 50-day deadline for completion of demonetisation process draws near, there is a growing consensus among bankers that the restrictions on withdrawal would have to continue even in the New Year so as to maintain orderly working at the banks.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
As India reels from a severe water shortage, startups have begun offering innovative ways to help people access safe drinking water.
A large number of people using cards at PoS Cards being used more frequently Small-ticket transactions Mastercard South Asia head Porush Singh calls these the three key trends for a cashless future. And post-demonetization India, he believes, is steadily moving towards it.
This smartwatch is to Android what the Apple Watch is to the iPhone, says Khalid Anzar.
NPCI calls bids to cover all e-payment transactions where consumer followed procedure; both state and private insurers show interest.
Changes in regulations and the imminent enforcement of some long-standing regulations are pushing up the cost for banks apart from the general cost inflation.
Bappadittya Sarkar, who was taken to a Mumbai police station by his cab driver after the latter overheard his phone conservation about an anti-Citizenship (Amendment) Act protest, said the language symbolises whatever is going on in the country.
Credit card thieves are getting smarter with the help of sophisticated machines and cameras. But have you become smarter and more cautious?
When NaMo became Pradhan Sevak, little did we know he would usher in words and phrases that would become such an important part of our lives. As he enters his fifth year in office, a look at Modi-lingo :)))
Readers tell us how they are managing without cash since November 8.
The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach
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