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Deposits into Jan Dhan A/Cs decline after government warning Deposits into Jan Dhan A/Cs decline after government warning

Following the government's warning that action would be taken against those using their Jan Dhan accounts to convert black money into white, deposits into such accounts have reportedly decelerated.

No need for smartphone or internet! Go cashless with Paytm – Know how No need for smartphone or internet! Go cashless with Paytm – Know how

Consumers and merchants can pay and receive money without an internet connection – Know how.

Delegalising notes will have positive implications: Subbarao

The Indian government's decision to delegalise high denomination currency notes may hurt growth in short-term, but in the medium- to long-term it will have positive macroeconomic implications, former RBI Governor D Subbarao has said.

RBI relaxes norms for online card transactions up to Rs 2,000 RBI relaxes norms for online card transactions up to Rs 2,000

In a bid to speed up small value online transactions, the RBI today relaxed norms for additional factor of authentication (AFA) for payments up to Rs 2,000.

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

Demonetisation impact: Bank of Baroda cuts lending rate by 0.2% Demonetisation impact: Bank of Baroda cuts lending rate by 0.2%

As banks continue to be flushed with deposits thanks to demonetisation move of the Modi government, state-owned Bank of Baroda has cut benchmark lending rates by 0.2 percent.

RBI to issue new Rs 100 banknotes, old notes to continue as legal tender RBI to issue new Rs 100 banknotes, old notes to continue as legal tender

The RBI is all set to issue new Rs 100 banknotes in the Mahatma Gandhi Series-2005 without inset letter in both the numbering panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India.

Demonetisation: Over Rs 130 crore in cash and jewellery seized, says CBDT Demonetisation: Over Rs 130 crore in cash and jewellery seized, says CBDT

Following the demonetisation move, over Rs 130 crore in cash and jewellery has been siezed while taxpayers have admitted Rs 2,000 crore undisclosed income, the Central Board of Direct Taxes (CBDT) informed on Tuesday.

3 Indians hack Dubai businessman's bank account, steal Rs 1.85 crore 3 Indians hack Dubai businessman's bank account, steal Rs 1.85 crore

Three Indian men have been accused of stealing 1 million dirhams by hacking into a Dubai businessman's mobile banking application after obtaining a duplicate SIM card using forged papers.

Demonetisation: Key benefits of using debit cards Demonetisation: Key benefits of using debit cards

Debit Card makes your payments much more convenient and secure through an   electronic payment facility directly from your bank account.

Govt considering proposal to hike EPFO wage ceiling to Rs 25,000 Govt considering proposal to hike EPFO wage ceiling to Rs 25,000

Government is considering a proposal to hike wage ceiling for coverage under social security schemes run by the retirement fund body EPFO to Rs 25,000 per month from the existing Rs 15,000, Parliament was informed on Monday.

Banks cannot refuse deposits of Pre-2005 notes: RBI Banks cannot refuse deposits of Pre-2005 notes: RBI

 Old currency notes printed before the year 2005 can be be deposited in banks and exchanged at RBI offices. Post demonetisation, some banks were reportedly refusing to accept these currency notes creating confusing among common public.

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

Demonetisation: Micro-ATMs, POS asked to guard against cyber attacks Demonetisation: Micro-ATMs, POS asked to guard against cyber attacks

With the usage of micro-ATMs and POS counters witnessing a sharp surge post demonetisation, the country's premier cyber security agency CERT-In has cautioned customers, bankers and traders against skimming and malware attacks on these systems and asked them to adopt high-end encryption to plug possible breaches.

IDS gets Rs 67,382 crore, over Rs 2,000 crore higher than estimate realised IDS gets Rs 67,382 crore, over Rs 2,000 crore higher than estimate realised

The figure of black money disclosed under Income Declaration Scheme (IDS) was revised to Rs 67,382 crore by the Finance Ministry on Sunday. This is Rs 2,000 crore highe than the earlier number.

RBI to issue new Rs 20, Rs 50 notes; old notes to remain legal tender RBI to issue new Rs 20, Rs 50 notes; old notes to remain legal tender

The Reserve Bank of India will shortly issue Rs 20 and Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, bearing signature of  Urjit R Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote, RBI said in a statement on Sunday.

Central govt employees expect January 2017 Dearness Allowance up to 3% Central govt employees expect January 2017 Dearness Allowance up to 3%

Central government employees were not satisfied with the 2 percent Dearness Allowance(DA) announced by the government for July to December 2016 period. A discussion among the employees has begun what could be the expected DA in January 2017.

Demonetisation: Undisclosed amount of Rs1.64 crore found in Jan Dhan accounts Demonetisation: Undisclosed amount of Rs1.64 crore found in Jan Dhan accounts

Undisclosed amount of  approximately Rs 1.64 crore have been deposited by people who never filed income returns into Jandhan accounts in Kolkata, Bihar, Kochi and Varanasi.

Picture of new Rs 1,000 currency note appears online – Is this real or fake? Picture of new Rs 1,000 currency note appears online – Is this real or fake?

Check out the picture of the new Rs 1,000 currency note.

Demonetisation: Old Rs 500 notes at petrol pumps, for airline tickets to be accepted only till today Demonetisation: Old Rs 500 notes at petrol pumps, for airline tickets to be accepted only till today

The government on Thursday decided to discontinue use of demonetised currencies for purchase of fuel and airline tickets at airport counters.