Rahul Gandhi’s fanboy Saket Gokhale thinks bank transfers under DBT cannot happen on a bank holiday. Here is an explainer
The fund transfers under DBT do not take place using RTGS/NEFT systems, and it happens via a direct electronic fund transfer
India Post Payments Bank launches digital payment service DakPay, here is a comprehensive guide on how to use it
DakPay app comes with a suite of digital financial and assisted banking services offered by India post and IPPB using the postal network
Dawood’s financier and Pakistani national Altaf Khanani laundered 14-16 billion USD annually to fund terror and drug cartels: Reports
Altaf Khanani was at an airport in Panama airport during a cover continental operation in 2015. He had been in the Miami prison till recently.
India Post delivers Rs 1,000 crore in cash to account holders, 23 lakh new bank accounts created during the lockdown
Nearly Rs 1,051 crore have been delivered by India Post in as many as 59 lakh transactions during the lockdown period
Banks allowed to defer EMIs by 3 months, cut in repo rate, liquidity injection of Rs 3.74 lakh crores: Highlights of the RBI Governor’s...
The most important notification put out by the RBI on Friday was that a three-month moratorium has been announced on payment of instalments of loans outstanding on March 1, 2020.
Economic growth may have slowed down but there is no recession, there never will be: FM Nirmala Sitharaman
FM Nirmala Sitharaman was speaking at the Short Duration Discussion on Indian economy in the Rajya Sabha
Punjabi's death comes just a day after another depositor named Sanjay Gulati had died of a heart attack in Mumbai after being unable to withdraw his life savings of Rs 90 lakh from the bank.
India needs to rethink public ownership of banks according to the chief economic advisor
The Modi government also needs to ensure banking reforms to reduce dependency on this sector