Banks general
Bank staff caught in note exchange racket in sting operation
13 Dec 2016
Reports say the finance ministry has received over 400 CDs of sting operations showing how the old notes from police officials, pimps and the influential were exchanged with the help of bank staff
I-T scrutiny for fake bank accounts continues after Rs100 crore found
10 Dec 2016
The seizures of unaccounted cash, including the new notes in Rs2,000 denomination, point to connivance of bank officials in black money dealings
MPC keeps RBI’s repo rate unchanged at 6.25%
07 Dec 2016
The Monetary Policy Committee at its second meeting ended on Wednesday decided to keep the policy repo rate under the liquidity adjustment facility unchanged at 6.25 per cent despite mounting deposits with banks
Your Visa card could be hacked in 6 seconds, find researchers
03 Dec 2016
Researchers say that the "distributed guessing attack" circumvents all the security features put in place to protect online payments from fraud
RBI’s 4-fold hike in cash supplies fails to ease payday rush
01 Dec 2016
The cash shortage continued to persist at bank branches on Thursday, despite the RBI scaling up printing and supply of Rs500 notes to ease the discomfort brought about by Rs2,000 notes
RBI caps monthly withdrawals from Jan Dhan accounts at Rs10,000
30 Nov 2016
Deposits in the 250 million-odd Jan Dhan accounts stood at Rs72,834.72 crore as of 23 November against Rs45,636 crore on 9 November
No dearth of cash, says RBI governor but urges people to go digital
28 Nov 2016
RBI has asked scheduled banks to maintain an incremental CRR of 100 per cent, effective the fortnight beginning 26 November 2016, till RBI reviews monetary policy on 9 December
Jaitley pushes banks to switch to cashless transactions
26 Nov 2016
The finance minister emphasised that physical currency must shrink while the economy should expand, shifting more and more focus to digital currency