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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.

 Withdrawals of deposits made in current legal tender allowed beyond current limits: RBI

Withdrawals of deposits made in current legal tender allowed beyond current limits: RBI

In the latest notification, Reserve Bank of India (RBI) has allowed withdrawals of deposits made in current legal tender notes on or after November 29, 2016 beyond the current limits. 

Govt to launch campaign to open workers' bank accounts today

Govt to launch campaign to open workers' bank accounts today

Labour Ministry will launch a campaign in association with Department of Financial services to open bank accounts of workers, who do not have one till date, in the organised as well as unorganised sector on Saturday.

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

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.

NIA asks banks to freeze accounts of Zakir Naik and banned Islamic Research Foundation

NIA asks banks to freeze accounts of Zakir Naik and banned Islamic Research Foundation

NIA has written to Union Home Ministry for blocking websites and other online activities of IRF.

RBI says deadline for banks to clean up books 'stands' at March 2017

RBI says deadline for banks to clean up books 'stands' at March 2017

Reserve Bank deputy governor N S Vishwanathan today said the deadline for banks to clean up their balance sheet 'stands' at March 2017, even as its governor Urjit Patel hinting at pragmatic approach in dealing with NPAs.

Is internet banking a risk due to cyber threats?

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

24 crore accounts opened under Jan Dhan scheme: Arun Jaitley

24 crore accounts opened under Jan Dhan scheme: Arun Jaitley

The central government has managed to open 24 crore bank accounts under the Jan Dhan financial inclusion scheme, towards linking every household with a bank account, Union Finance Minister Arun Jaitley said on Monday.

Kashmir unrest: NIA team probing 'suspicious' funds transaction in the state

Kashmir unrest: NIA team probing 'suspicious' funds transaction in the state

A three-member NIA team, headed by a Deputy Inspector General, has been probing "suspicious" funds transaction in over a dozen bank accounts in Jammu and Kashmir.

Govt approves more sops for Afghan, Pak, Bangladesh refugees; can open bank accounts, buy properties

Govt approves more sops for Afghan, Pak, Bangladesh refugees; can open bank accounts, buy properties

The Home Ministry on Saturday said that the government has extended certain facilities to persons from minority community of Afghanistan, Bangladesh and Pakistan.

Bihar toppers scam: SIT begins process to freeze bank accounts

The SIT investigating the infamous Bihar toppers scam on Wednesday requested banks concerned to freeze the bank accounts of all the arrested accused, including kingpin Bachcha Rai, police said on Wednesday.

Jan Dhan deposits up 118% over 21 months

Jan Dhan deposits up 118% over 21 months

The average deposit per account under the Pradhan Mantri Jan Dhan Yojana (PMJDY) – a financial inclusion programme launched by Prime Minister Narendra Modi in August 2014 – increased 118 per cent from Rs 795 in September 2014 to Rs 1,735 in May 2016, according to IndiaSpend analysis of government data.

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Number of financial inclusion accounts touch 19.52 crore: RBI

Banks, mostly state-run ones, opened a whopping 19.52 crore accounts under the government's financial inclusion drive till the first week of December.

Sebi orders attachment of properties to recover over Rs 5 crore

Sebi has ordered attachment of at least 17 immovable properties and movable assets to recover over Rs 5.76 crore dues from Sun Plant Business and its three directors in a case related to illegal fund raising.

Jayant Sinha to meet state finance secretaries today on reforms agenda

The move is also a step towards co-operative federalism, under which the Centre will deliberate on issues hindering implementation of schemes.

Swiss account row: Amarinder rebuts charge, Akalis ask him to quit

Congress leader Amarinder Singh on Wednesday rubbished the issue of Swiss bank notice to his wife.

Aadhar card won't be extended to more services for now, says SC

Aadhar card won't be extended to more services for now, says SC

The Supreme Court on Wednesday declined to relax its order to allow voluntary use of Aadhar card for some welfare schemes at this stage.

OROP: Ex-servicemen allege bank accounts blocked

Ex-servicemen protesting against the government-approved 'One Rank, One Pension' (OROP) alleged on Monday that their bank accounts have been blocked, but said the move will not succeed in suppressing their agitation due to resource crunch.