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Reconstructing Kerala: Banks, Fintechs, NGOs pitch in

Reconstructing Kerala: Banks, Fintechs, NGOs pitch in. Out of a total population of about 3.48 crore, more than 54 lakh or one sixth of the population of Kerala, had been directly affected by the floods. The death toll is currently above 400, and over 10,00,000 people are packed into relief camps. There has been massive support

Post demonetisation, decrease recorded in deposits in Banks

Narinder Jagga Chandigarh, 25 November- After the demonetisation, there has been decree recorded in deposits of the banks in the Punjab. Sources disclosed that from September 2016 to September 2017, 8.31 percent growth was recorded as against an increase of 12.33 percent during the corresponding period last year. Interestingly, out of 8.31 percent growth in

Bank Aadhaar linking: RBI says never issued any order, RTI reveals

The Reserve Bank of India has clarified that it has not issued any order making it mandatory to link Aadhaar numbers to bank accounts, failing which accounts will be suspended. The central bank added that it “has not issued any instruction so far regarding mandatory linking of Aadhaar number with bank accounts.” Moreover, the RTI also

Top Five Evening News Daily Post India​

Top Five Evening News Daily Post

Banks to remain closed for three days

Banks to remain closed for three days

Banks to remain closed. Ahead of the festive weekend, Banks will remain closed for three days from September 30 to October 2 on the occasion of Dusshera on Saturday. On October 1, there will be Sunday and October 2, there will be holiday on account of Gandhi Jayanti.As the festive season would kick off; there might be possibilities of cash crunch at

Banks without Aadhaar enrolment centres face Rs 20K fine from October

Banks without Aadhaar enrolment centres face Rs 20K fine from October

Banks without Aadhaar enrolment centres face Rs 20K fine from October. Indian Unique Identification Number Authority (UIDAI) has given more than one month to government and private banks to open Aadhaar enrolment centres in 10% of their branches. Ajay Bhushan Pandey, CEO of UIDAI, said that on October 1, a penalty of Rs 20,000 will

Bank strike hits total West Bengal

Bank strike total in West Bengal

Kolkata, Aug 22 (PTI) Bank strike hits total West Bengal. The nation-wide bank strike today, called today by the United Forum of Banking Unions, the umbrella body of trade unions in the banking sector, was total in West Bengal. All public sector, private and foreign banks were closed in the state while most of the ATMs

Bank timings and holidays likely to change

Bank timings and holidays likely to change.The bank timings of opening and closing are likely to change for common people. The banks will open at 9.30 am instead of 10 am so all the work is carried out by 4 PM. If this happens then the bank staff will only work for 5 days a

Ensure safety customers lockers

Ensure safety of customers lockers: RBI to banks

New Delhi, Aug 8, Ensure safety customers lockers RBI, The Reserve Bank has asked banks to ensure customers’ lockers remain safe and there is “no negligence” that could render banks liable to claims by locker holders, Parliament was informed today. Besides, banks are being probed by fair trade regulator CCI for alleged cartelisation in providing

Captain takes serious note of banks ridiculing indebted farmers

Captain takes serious note.The matter of acquisition of the assets by national banks on non-repayment of debt has been taken seriously by Captain Amarinder Singh. He assures that government is still standing by their promise of debt waiver.The issue with the banks, where the loans are still pending, will be discussed and resolved so that

Rumours about RBI to close these 9 banks July 31

Rumours about RBI to close these 9 banks from July 31

For all the Latest news download Daily Post news app:- Click For Android Click For IOS There is news on the internet and the message is being viral, which said that the RBI is going to shut down 9 country’s official banks in July. All those who have accounts in these banks will not be

Punjab govt must take loan to fund farm waiver, says banks

For all the Latest news download Daily Post news app:- Click For Android:- Click For IOS:- Saying that the Punjab government could not takeover farmer’s outstanding debt, as there was no precedent for this anywhere in the country, the State-Level Bankers Committee (SLBC) has pressed it to settle the waiver issue at the earliest.The bankers,

There’s nothing to miss about India: Vijay Mallya

For all the Latest news download Daily Post app:- For Android:- For IOS:- Missing India, and pining for a pit lane he can visit only once a year? Not a bit of it, says embattled Formula One team owner Vijay Mallya.The flamboyant businessman, currently fighting a high-profile Indian extradition request, speaks instead of “enjoying the

Transaction will be Barred If the valid number not given to bank-RBI

Transaction will be barred if the valid number not given to bank-RBI

According to RBI’s new order if you are not given your mobile number to the bank or If it is not linked to SMS alerts, the bank can will be barred many services. Under this, electronic transactions may also be stopped working . According to the banks, still many customers are not update the mobile

Side effect of GST: Banks demanded GST numbers from court

Side effect of GST: Banks demanded GST numbers from court

GST has also implicated the court as well as traders in the conflicts. Instead of depositing the amount deposited by the bank through the challan in the bank, the banks are seeking a GST number from the courts. The difficulty is that the courts do not have any work from the GST number, so they

Bank employee unions threaten strike August 22 mergers

Bank employee unions threaten strike on August 22

Bank employee unions threaten strike on August 22. An umbrella body of nine unions, UFBU has also asked the government not to increase service charges in the name of GST. Goods and Service Tax (GST) has raised tax from 15% to 18% for all services offered by banks.Employees of public sector banks have threatened to go

Banks have no liability for loss of valuables in lockers: RBI

Banks have no liability for loss of valuables in lockers: RBI

If you have lockers in your bank and keep your valuables in it, then read this news carefully. Reserve Bank of India (RBI) has clarified that if you have stolen your valuable things in a lockers in a government bank or if there is an accident, do not expect any compensation from the turn.The Reserve

lockers-rbi

Banks have no liability for loss of valuables in lockers: RBI

This bitter truth was disclosed in an RTI response by the Reserve Bank of India (RBI) and 19 PSU banks Stung by the revelation, the lawyer who had sought information under the transparency law has now moved the Competition Commission of India (CCI) alleging “cartelisation” and “anti-competitive practices” by the banks in respect of the locker

Maharashtra govt waives Rs 34,000 crore worth farmers loan

MUMBAI: The Maharashtra government has waived agricultural loans of 1.5 lakhs of 19 lakh farmers. Maharashtra Chief Minister Devendra Fadnavis has announced a 34,000-crore crop loan waiver for the farmers in the state. This will cost the government exchequer Rs 34,000 crore. The state legislators and MPs will pay their one month salary to participate

Supreme Court asks Sahara chief Subrata Roy to deposit Rs 709.82 cr in 10 working days

The Supreme Court had asked Subrata Roy to deposit 1500 crores by June 15, failing which he would be sent back to jail.Chairman of Sahara India Pariwar, Subrata Roy has been granted 10 more working days to deposit 709.82 crore rupees out of the promised 1500 crore rupees by the Supreme Court and has also