Banks

Demonetisation: Cash withdrawal restrictions likely to continue beyond December 30

Since RBI and printing presses are unable to keep pace with the demand of new currency notes, restrictions on withdrawal of cash from banks and ATMs may likely to continue beyond December 30 

Dec 25, 2016, 15:47 PM IST

DNA: Know why it is important to link KYC documents with bank accounts

How important it is to link KYC documents with bank accounts?. Watch the full segment of DNA for more details.

Dec 22, 2016, 00:32 AM IST

Consortium of banks to again auction Kingfisher House,Villa at lower reserve prices this week

A consortium of 17-banks will once again be auctioning plush properties of beleaguered liquor baron Vijay Mallya - Kingfisher House in the city and Kingfisher Villa in north Goa - this week at lower reserve prices compared to the previous 3 auctions. 

Dec 18, 2016, 16:02 PM IST

RBI advises banks to keep CCTV footage from 8th November

RBI advises banks to keep CCTV footage from 8th November. Watch the full segment for more details.

Dec 14, 2016, 23:19 PM IST

Demonetisation: RBI seeks details of fake currency, new notes from banks

The Reserve Bank of India has asked all banks to send details of fake notes detected during exchange and deposits and also main records of new bank notes in view of seizures by Income Tax Department.

Dec 12, 2016, 23:19 PM IST

This is how much cash the RBI has issued post demonetisation!

Even as banks and ATMs across the country continue to remain dry and millions are cashless, one will believe how much cash the Reserve Bank of India has issued post demonetisation – a huge Rs 4.27 lakh crore.

Dec 09, 2016, 00:14 AM IST

Old notes worth 11.5 lakhs crore have been deposited in banks

Old notes worth 11.5 lakhs crore have been deposited in banks. Watch this special segment and get to know more here.

Dec 08, 2016, 11:50 AM IST

ED has started inspection of banks on the deposit of old notes after demonetization

ED has started inspection of banks on the deposit of old notes after demonetization. Watch this special segment and get to know more here.

Dec 08, 2016, 11:49 AM IST

Demonetisation: ED conducts countrywide enquiry of records in over 50 bank branches

The Enforcement Directorate (ED) is conducting enquiry of records in over 50 bank branches across country to check money laundering, hawala dealings.

Dec 07, 2016, 13:10 PM IST

Government directs banks to install 10 lakh new PoS terminals by March 31

Following the demonetisation move and the cash crunch that follow, the government has encourage the public to go cashless, a move that will even prevent corruption.

Dec 06, 2016, 20:06 PM IST

Here is why Banks employees want to shut shop for 15 days

 Even those handling wads of notes on a daily basis are a harried lot. The reference is to bank employees. The struggle to manage the cash requirement of common public has raised their stress level. They would like the Reserve Bank of India( RBI)to close bank branches until sufficient quantities of currency notes supplies reach banks.

Dec 05, 2016, 10:24 AM IST

ATMs in India are susceptible to security breaches: Experts

During the time when people are queuing outside ATMs to withdraw money post demoneetisation, a top executive of Intel Security has issued warning that ATMs are highly susceptible to security breaches in India.

Dec 04, 2016, 18:30 PM IST

Demonetisation: 27 bank officials suspended, six transferred for violative activities

According to an official statement from the Finance Ministry, 27 officials of various PSBs have been suspended and 6 officials transferred for involving in transactions violative of RBI instructions related to demonetisation.

Dec 02, 2016, 20:22 PM IST

Soon, you can withdraw cash from ATM using Aadhaar card!

00 AM for getting detailed updates!

Dec 02, 2016, 13:37 PM IST

Banks see big rush on pay day; many ATMs still dry

With Thursday being the pay day, banks are gearing up to face a huge rush as people will queue up at branches across the country to withdraw salaries amid the ongoing cash crunch following demonetisation.

Nov 30, 2016, 21:50 PM IST

Demonetisation: RBI's CRR move to put monthly burden of Rs 1,050 cr on banks

Reserve Bank's move for banks to maintain excess cash reserve ratio (CRR) requirement is likely to put an additional burden of Rs 1,050 crore on a monthly basis on the banking system, says a report.

Nov 30, 2016, 19:57 PM IST

Demonetisation: RBI relaxes withdrawal norms, nudges retailers to deposit cash

Nudging retailers such as malls and shop owners to deposit their daily collections with banks, RBI has said they would be allowed to withdraw the deposited sum in Rs 2,000 and Rs 500 notes, irrespective of the existing withdrawal limits.

Nov 29, 2016, 16:19 PM IST

Bank customers can continue to withdraw up to Rs 24,000/week

Public can continue to withdraw up to Rs 24,000 per week from their bank accounts, including withdrawals from ATM, the Reserve Bank said today.

Nov 25, 2016, 23:24 PM IST

Arun Jaitley asks banks to promote digital banking in 'mission mode'

Finance Minister Arun Jaitley on Thursday asked banks to promote digital banking in "mission mode", saying the principal objective of the government's reform is to curtail the use of physical currency.

Nov 24, 2016, 19:02 PM IST

Demonetisation to have positive impact on economy including GDP: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said the government`s demonetisation move is going to have "a positive impact on the economy, including GDP".

Nov 24, 2016, 17:54 PM IST