Dairies, milk plants, grocery shops, chemists and petrol pumps, ATMs, e-commerce services of essential items like food and medicines will remain open, he said.
Banks will remain open for the public even on the weekend
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
Day Two after the banks reopened following the prime minister's demonitisation announcement, the scenario remained just as chaotic as Day One, reports A Ganesh Nadar/Rediff.com.
'Our future is in limbo. The government saved us with Operation Ganga; now, they must save our careers.'
All documents and data were safe as there was a Disaster Recovery Centre for every bank
He termed the Centre's decision to demonetise Rs 500 and Rs 1,000 notes as "surgical strike" on common man's "small savings" and not on "black marketeers".
'What the RBI is doing is trying to catch the mouse when they have to catch the tiger.'
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
While lenders create a hype around the services offered on digital platforms, customers think otherwise, given that frustration due to the quality of service has only increased, over the years.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
Reports suggest this lot could fetch the cybercriminal as much as $130 million upon sale.
A 35-year-old Chinese man was apprehended by the Border Security Force (BSF) from along the India-Bangladesh international border in West Bengal on Thursday, with the paramilitary force saying security agencies are probing if he was working for an intelligence agency of the neighbouring country, officials said.
In the wake of Centre's decision to demonetise currency notes of Rs 1,000 and Rs 500, the organisers of the Pune International Marathon (PIM) have postponed the run and has been rescheduled for January 2017.
The value of transactions through debit and credit cards used at the PoS fell to Rs 64,200 cr in February
The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know
The RuPay card is accepted at all ATMs (1.6 lakh plus), 95 per cent of PoS terminals (9.45 lakh plus) and most of the eCom merchants (about 10,000) in the country.
Union Finance Minister Pranab Mukherjee while presenting the Budget 2009-10 in Lok Sabha on Monday announced that a sub-committee of State level Bankers Committee (SLBC) would identify and formulate an action plan for providing banking facilities in under-banked/unbanked areas in the next three years.
Taking its maiden step towards cleaning Yamuna, Delhi Jal Board on Monday launched the first phase of its 59-km interceptor sewer project which will ensure that only treated sewage is discharged into the 3 major drains which release water in the river.
The RBI has set up a panel to review ATM charges, and fees levied by banks.
Corporation Bank on Thursday announced that it has joined Cashnet, the country's largest shared ATM network.
'There was a certain difference that separated him from the rest. That's why his life is so celebrated, his loss is felt globally.'
SC asked AG to file an affidavit about the measures undertaken by the govt and RBI to minimise public inconvenience.
What's the real reason behind ATMs running dry even in states that are not election-bound, wonders Nivedita Mookerji.
For the urban population, recalibration of ATMs has already started and they will start dispensing the new Rs 2,000 currency notes from Monday or Tuesday.
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.
Satish Kumar Bhat, 47 from Delhi shared some suggestions that he feels may help fight coronavirus.
Currently, the bank charges Rs 50 as cash processing fee.
The economy of Jammu and Kashmir is largely based on agriculture and tourism. The state produced 19.56 lakh MT of fresh fruits in 2018-19.
The government has also announced a slew of measures to ease cash flow for the rural sector.
This will allow the bank's customers to access funds from virtually any city or town in the country. The NFS is India's largest domestic network with over 30,000 ATMs across the country and Standard Chartered's customers will now have wider coverage of ATMs available to them.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
In a business friendly move, the Reserve Bank of India on Friday said that Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from December. In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7x365 basis. Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
Apart from Gujarat, Shah claimed that co-operative movement is still active in many other states, such as Maharashtra, Karnataka and Rajasthan.
RuPay National Common Mobility Card's offline wallet can be used to make ticket payments in transit, including in metros, cabs, etc, enabling automatic, quick, cashless payments.
Yet another surgical strike? India's Osama bin Laden moment? A fresh demonetisation exercise? What could it possibly be?
While a wallet is convenient, payments bank offers interest on deposits and ATM facility.
Do you often travel abroad on business or leisure? Here's a simple guide to help you keep a track of how much you spend, swipe and withdraw from international ATMs.
