Now, PM-Kisan payments only via Aadhaar-linked bank accounts
Under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana, the central government provides income support of Rs 6,000 per year to all farmer families in the country, paid in instalments of Rs 2,000 every four months. The instalment for the December 2019 to March 2020 will be transferred to Aadhar-authenticated bank accounts at one go this month.
HC declines to order linking of FB, Twitter, WhatsApp accounts with Aadhaar, PAN
A bench of Chief Justice D N Patel and Justice C Hari Shan...
WhatsApp ‘exits’ accounts of J&K users
As per WhatsApp’s global policy, accounts that remain unused for 120 days are automatically deactivate...
Have an inactive bank account? Here's how you can close it
Good banking practices include not only properly maintaining your accounts and making all your due payments on time, but also doing away wit...
Maryam Nawaz files plea for removal of name form ECL
In her petition filed on Saturday, the Pakistan Muslim League-Nawaz (PML-N) leader argued that her name was placed on the ECL without notice and providing her with an opportunity of hearing through a memorandum dated August 20, 2018, reports Dawn news.
Nepal SBI post 13 per cent growth in net profit for FY19
Nepal SBI Bank, a subsidiary of State Bank of India, has posted a Rs 229.25 crore net profit for 2018-19, registering a growth of 13.29 per cent. The bank mobilised total deposit of Rs 9,792.45 crore and extended loans and advances of Rs 8,864.47 crore at the closing of the year, according to a statement issued by the bank ahead of its Annual General Meeting.
PAN-Aadhaar interchangeability: 6 instances where you can use Aadhaar number instead of PAN
Do keep in mind that it is advisable to link your PAN with Aadhaar number before quoting it in lieu of PAN. This is because there still is no clarity whether second PAN will be allotted to you if your Aadhaar is not linked to PAN.
What is the maximum age limit to open a PPF account?
The lock-in period for PPF account holder remains at 15 years irrespective of the age at which you open the account. On maturity, the account can be extended by blocks of 5 years any number of times. Banks cannot deny the extension based on your age.
BNY Mellon to expand work done out of India
A few of its technology initiatives are already led out of India, especially around digital transformation; bank planning local CoE too. Accounting is one such area where Panicker expects its Indian operations to start doing more end-to-end work. The company relies on a mix of campus and lateral hires, focusing on training existing employees on new skills.
Bankers look to resolve account of troubled wind turbine maker Suzlon Energy to stop contagion effect
Sources privy to the development told IANS that lenders may seek a month's extension for complete resolution of Suzlon beyond the stipulated 180 days allowed under the latest Reserve Bank of India circular.
Karvy Stock Broking scandal: How retail investors can safeguard against such frauds
The Karvy Stock Broking demat account fraud has shaken the trust of retail investors in their brokers. However, the question is to what extent an investor can trust his broker. What can an investor do to safeguard himself against such frauds?
Don't have money in your bank account to pay LIC premium? You can use your credit card
Now, for those who are short of cash, they can opt to pay their Life Insurance Corp. of India (LIC) policy premiums using their credit card. This is especially useful for those last-minute tax-savers who do not have enough money in their bank a/c.
78% depositors of PMC Bank can withdraw their entire account balance: FM Sitharaman
New Delhi, Dec 02 (ANI): Finance Minister Nirmala Sitharaman in Lok Sabha on Punjab and Maharashtra Corporation bank scam stated that now ne...
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