Apart from Gujarat, Shah claimed that co-operative movement is still active in many other states, such as Maharashtra, Karnataka and Rajasthan.
Some banks are disbursing only Rs 5,000 per person while those having better cash availability are offering Rs 10,000 or Rs 12,000 per withdrawal
Branch networks will give preference to pensioners and labourers for withdrawing money.
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.
The Health and Family Welfare department had issued a detailed order on Sunday, notifying the lockdown in the whole of Delhi, stipulating various restrictions.
'I pack my water, biscuits, books and tent, and take my place in the queues.' 'Every time I get close, cash runs out.' 'Deserted shops, my dry bank, the empty ATMs -- this entire gigantic shitstorm is now more real and easier to process,' says Mitali Saran.
The Assam government has taken the initiative to pay workers their wages electronically and has asked banks to open branches adjacent to tea gardens and install ATMs in estates.
In an interview to Republic Bharat, Prime Minister Narendra Modi spoke of the BJP's prospects in the polls, emergence of an Opposition front, dynastic politics and several other issues.
'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'
The WB CM visited three banks and several ATMs at Sarat Bose Road, Bhawanipore and Chowringhee and spoke to the people there. "These are all common people. Let the government nab the real culprits," Banerjee said.
The vehicle was carrying cash in new currency notes for wage payment to employees of a tea garden.
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.
'The reason is that you may not enter the branch but you want to see it near you as it establishes trust.'
The hoarding of cash accentuated from the very start of 2020, when the coronavirus pandemic started taking hold the world over, and fear of the pandemic prodded people to remain liquid for emergency use.
The Karnataka government on Wednesday decided to conduct an inquiry into the violence in parts of the city on Tuesday night, in which at least three people were killed and scores of others were injured, through a district magistrate.
Protect yourself and minimise such frauds by following these simple rules
March 28 is a holiday on account of Ram Navami.
The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
'I have exited at least six WhatsApp groups because I am tired of your bhakts who impose their views on your behalf.' 'Why can't I have a healthy discussion about my nation's future without being called deshdrohi?' asks Divya Nair.
He said it may take up to 3 weeks for all the 2 lakh cash vending ATMs to operate normally as each one has to be calibrated individually to dispense new sized notes of Rs 2000 and Rs 500 besides lower denomination currency of Rs 100.
The triple lockdown in force from Monday would last for a week.
This is the fifth increase in withdrawal limit since the bank was placed under its direct control with an administrator on September 23. Since then as many as nine depositors have lost their lives including a 74-year-old man from Thane on Monday.
In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
'I expect normalcy to return in one or two days,' says Tuticorin's new Collector Sandeep Nandur.
The guidelines listed several services including government and private offices that will be out of bounds during the period, while exempting establishments such as hospitals, ration shops, dairies, banks, insurance offices, and print and electronic media. Delivery of all essential goods including food, pharmaceuticals, medical equipment through e-commerce has also been exempted from the purview of the lockdown.
The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).
The veteran banker has been instrumental in building the bank from scratch and turning it into the largest private sector lender of the country.
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.
Now that you have already downloaded mobile wallets and all set to go cashless/digital with your payments to the local grocer, cabbie, maid, etc, here's what you must watch out for, says Tripti Rai.
A Reserve Bank panel has decided against the inclusion of any other national leader's image on banknotes saying that no other personality could better represent the ethos of India than Mahatma Gandhi.
He claimed that Bharatiya Janata Party people were alerted beforehand about the demonetisation. "How can one explain the BJP people in West Bengal depositing crores in high-denomination notes just before PM's announcement on November 8?" Rahul asked. "BJP workers were seen holding up bundles of the new Rs 2000 notes, as seen from images on the Internet, before Modi announced this decision," he told reporters in suburban Bandra.
Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.
Secretary of the All India Progressive Women's Association Kavita Krishnan tweeted about the incident, allegedly involving poet Bappadittya Sarkar on Thursday.
Tightening restrictions further in select urban areas to help prevent the spread of Covid-19, Tamil Nadu Chief Minister K Palaniswami on Friday announced a complete shutdown beginning Sunday in Chennai, Coimbatore and Madurai for four days, disallowing grocery shops as well and fully curtailing the movement of public. Also, Salem and Tirupur in western Tamil Nadu will be shut similarly, albeit for three days from April 26, and Palaniswami assured people that vegetables and fruits shall reach their doorsteps via mobile outlets.
"After my discussion with Craig Barret, the CEO of Intel said they have finalised on India, said IT minister Dayanidhi Maran.
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