bank accounts

Why did the Karnataka government take this tough decision?

Fri, Aug 16, 2024

Big blow to SBI, PNB in ​​Karnataka. Orders to close accounts and withdraw deposits. Why did the Karnataka government take this tough decision?

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RBI UDGAM Portal: Track your unclaimed bank deposits in seconds

Tue, Aug 22, 2023

The RBI has launched a new portal, UDGAM, to help people track their unclaimed bank deposits. The portal is easy to use and only requires a mobile number and password to register. Once you're registered, you can search for unclaimed deposits from seven banks, with more banks to be added soon. The portal also shows the name and address of the bank branch where the unclaimed deposit is located.

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Having multiple bank accounts? Check pros and cons here

Tue, Aug 30, 2022

It has become much easier for us to open savings account online now. Primary aim of having a bank account is “Savings”. Multiple bank accounts can give you some added benefits while there are some cons also.

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Budget 2019: 2% TDS on cash withdrawal not a new concept in India, but will you be impacted?

Fri, Jul 05, 2019

TDS on withdrawals was not really a surprise as recommendations have been made in this regards over the last two years.  

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Made PAN card details mistake while linking to bank account? Here's how you can correct the error

Wed, Jun 19, 2019

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Is your Aadhaar card linked with bank account or not? Here’s how to check your status!

Thu, Apr 11, 2019

Finding out Aadhaar card, bank account linking status has become an urgent issue and what is more, the sooner everyone concerned gets it done the better.

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More than 60 bank accounts of Jamaat-i-islami have been identified and sealed in Srinagar

Sat, Mar 02, 2019

A day after the Union government banned Jamaat-e-Islami (JeI) Jammu and Kashmir, More than 60 bank accounts of Jamaat-i-islami have been identified and sealed in Srinagar. Watch full video to know more.

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Aadhaar card linking deadline: Relief coming for public? Here is what govt said

Thu, Mar 08, 2018

Aadhaar: “If required, we can do it again,” Venugopal said after petitioners challenging the constitutional validity of the Aadhaar scheme sought an extension of the deadline to link the 12-digit unique identity number with various government schemes and services.

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No proposal to make Aadhaar linkage mandatory for property

Tue, Dec 19, 2017

There was no proposal to make Aadhaar linkage mandatory for property transactions, Parliament was informed today.

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FinMin extends Aadhaar, PAN submission date till March 2018

Wed, Dec 13, 2017

"After considering various representations received and inputs received from banks, it has been decided to notify 31st March, 2018 or six months from the date of commencement of account based relationship by the client, whichever is later, as the date of submission of the Aadhaar number, and Permanent Account Number or Form 60 by the clients to the reporting entity," said the statement.

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What type of bank account is good for your money? check here

Wed, Dec 06, 2017

 Many of us are not aware of what is transaction limit, benefits, minimum balance requirement or is there any income tax that needs to be filed on these account.

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Govt's vision to link 1 billion Aadhaar with 1 billion bank accounts, mobiles each

Sat, Nov 18, 2017

The current BJP-led government has been pushing for the Aadhaar card to be mandatory and linked to everything including the pan card, bank account, mobile phones, drivers license and even for children admission into schools.

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Put mandatory Aadhaar linking with bank accounts on hold: AIBOC

Sat, Oct 21, 2017

Joining the Aadhaar seeding debate, public sector banks' officer union has demanded that mandatory linking of biometric identity number should be put on hold till such time the Supreme Court comes out with a clear directive.

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Reserve Bank of India backpedals on Aadhaar; says its mandatory to link with bank accounts

Sat, Oct 21, 2017

RBI has now clarified that linking bank accounts with Aadhaar is mandatory and banks have to implement its linkage 'without further instructions.'

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Google launches Tez mobile payments app in India; enables transactions directly from bank accounts

Mon, Sep 18, 2017

Google launches Tez mobile payments app in India that allows people to make payments through their phone by syncing it with their bank accounts.

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Your bank account and Aadhaar must be linked by December 31, 2017, Government says

Fri, Jun 16, 2017

If you want to open a bank account then get Aadhaar ready first for transaction of Rs 50,000 crore and above. Existint holders link your Aadhaar with your bank accounts by end of December 31, 2017

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18 lakh accounts under scanner for large deposits: FM Jaitley

Fri, Apr 07, 2017

Jaitley also said that financial inclusion was a top agenda of the government and it was on a rise, particularly for women.

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Benefits of Aadhaar should not be undermined: Lavasa

Wed, Mar 29, 2017

Aadhaar -- a unique 12-digit number is assigned to about 99 per cent of adult Indian residents -- links some 84 government services and is used as an authenticating tool for giving pensions and money transfers.

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Don’t have Aadhaar card? It will soon be single-point for e-payments

Tue, Feb 21, 2017

IndiaPost will be rolling out its Payments Bank which will use customer’s Aadhaar card number for transactions without the use of a bank account, a report by Economic Times said on Tuesday.

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Income Tax dept categorizes 9 lakh bank accounts as doubtful citing transactions during note ban

Fri, Feb 17, 2017

Income Tax dept categorizes 9 lakh bank accounts as doubtful citing transactions during note ban. Watch complete news story of News @ 7:00 PM to get the detailed news updates!

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Demonetisation: Couple talks about first of its kind cashless marriage in state

Tue, Jan 10, 2017

It was a marriage with a difference. A cashless wedding was solemnised at a temple at Badia in East Singhbhum district within hours of a toilet being built at the groom's house.

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Quoting of PAN card number now mandatory for bank accounts

Sun, Jan 08, 2017

The government on Sunday announced amendments to the Income-tax rules that banks need to obtain and link PAN card numbers to all existing accounts.

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PM Narendra Modi defends cash ban, announces incentives during New Year's address to nation

Sun, Jan 01, 2017

Prime Minister Narendra Modi announced a series of incentives to the poor, farmers, women and small businesses on Saturday in a New Year`s address, and defended his recent decision to abolish high denomination bank notes.

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