The vertical will be based out of Bengaluru.
Country's largest private sector lender ICICI Bank has announced a hike in its ATM charges for saving account holders from January 1 next year.
Strike is total, impacts all branches of PSU and private banks. Clearing operation at RBI also hit.
After launching the ATM service at Thiyagaraya Nagar Head Post Office, Chidambaram said that Rs 4,909 crore had been allocated for the IT modernisation of Department of Posts in the interim budget for 2014-15.
Here's looking at some more top earners from the movies.
PSB branches will work fulltime on the 1st and 3rd Saturday.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
'Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.' 'But quitting earlier would have placed her personally and as a leader on a very high pedestal, indeed where she belonged until this lapse,' says S Muralidharan, former managing director, BNP Paribas.
Cardholders must ensure their debit cards are used in their presence.
The ministry of railways is set to invite bids for content on demand and rail radio services, to be provided for travellers in April, says Shine Jacob.Shine Jacob in New Delhi
According to A Krishna Kumar, Managing Director, the bank will try to maintain the employee strength at current levels even as it keeps expansion programmes in mind.
The RBI fell short of pumping Rs 150 billion into the economy at the beginning of 2018-2019.
Going to the bank and using your passbook to find out your bank balance while still available and widely used, technological innovations have brought your bank at your fingertips.
Parvathy Nair's poem about the little girl who went to graze horses and never returned has moved many Indians to tears.
Kishore Singh's encounters with post 8/11 India.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
In the fifth of a six-part series on the impact of demonetisation, Avishek Rakshit senses a storm brewing over the 850-odd tea gardens in the north eastern state, which have a weekly and fortnightly payment cycle.
In these times of Rs 2,000 notes and digital payment apps, Syed Firdaus Ashraf tries to book tickets for Dear Zindagi.
'If supply of cash is not sufficient from the RBI, it may create difficulty for both banks and people.'
Assam CM Tarun Gogoi accused PM Narendra Modi of not taking action against those involved in Panama scam, saying many of those involved in the case were "close to him".
According to the survey carried out by IDC recently, India scores the highest (8.5) on the happiness quotient of its banking citizens, followed by Indonesia (8.33), New Zealand (8.27) and China (7.93).
The judgment in the matter is to be pronounced by November 17, the day the CJI will retire.
Second authentication for small value payments through credit cards can be reduced subject to conditions.
Here's looking at Om Puri's career graph, through these pictures from his films.
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.
At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.
It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.
Delays in returning money for disputed transactions have also come under RBI's scanner.
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.
'It's a dream, but will I give it up? No bloody way,' Umesh Pandey, the former Bangkok Post editor turned Opposition candidate, tells Rahul Jacob.
The comments come about a week after PSU bank employee unions went to a four-day relay strike to press for early revision of wages.
The Direct Benefit Transfer for LPG scheme was rolled out in 291 districts from June 1, 2013 in six phases to do away with the practice of selling the fuel at below cost rates.
Many PSBs are in the process of rationalisation of ATMs
At other bank ATMs, the customers of these banks will be charged beyond three transactions.
Rajinikanth is yet to identify a filmi platform to be able to launch his political career from the celluloid platform as only MGR had done, successfully and in the pre-IT era, says N Sathiya Moorthy.
In the second of a four-part series, Business Standard checks out the currency press in Dewas to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when notes are being printed 24x7.
The Garhwal region collectively has deposits worth Rs 2,100 crore and advances worth Rs 1,000 crore.
They'll tell you Goa's food stories in photos.
