Monday, May 17, 2021

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banking

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

PMC Bank scam: Another PMC bank depositor dies of heart attack, second death within a day

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. 

Has the time arrived for privatisation of public sector banks?

India needs to rethink public ownership of banks according to the chief economic advisor

India’s informal Hundi market and how it has suffered a blow post demonetisation

The Modi government also needs to ensure banking reforms to reduce dependency on this sector

Haraam or Halaal: Zakir Naik’s ready reckoner

A guide for the celebs, especially cricketers, who are regularly discovering something not allowed in Islam.

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