Bank Account

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Bank Account - Total results - 28
COVID-19 crisis shows class bias in banking, rethink of biometrics to access benefits order of the day
India

COVID-19 crisis shows class bias in banking, rethink of biometrics to access benefits order of the day

The most tragic fallout of the COVID-19 lockdown is that it has exposed threadbare the class, caste and religious prejudices pernicious in Indian society.

Govt eases Aadhaar KYC norms for opening bank account for migrants; allows self-declared local address as proof
Business

Govt eases Aadhaar KYC norms for opening bank account for migrants; allows self-declared local address as proof

The government has eased KYC norms for migrants to open a bank account by allowing them to give a self-declared local address as sufficient proof of residence in case it is different from one mentioned in Aadhaar document

Banks can use Aadhaar for KYC verification with customer's consent: RBI
Business

Banks can use Aadhaar for KYC verification with customer's consent: RBI

Banks can use Aadhaar for KYC verification with the customer's consent, the Reserve Bank said Wednesday as it updated its list of documents eligible for identification of individuals

Govt may need to have a new form of law to mandate SIM card and bank account linking to Aadhaar
News & Analysis

Govt may need to have a new form of law to mandate SIM card and bank account linking to Aadhaar

The government will have to ensure that it addresses issues drawn out by majority and minority verdict.

What you need to know before filing your income tax return
Business

What you need to know before filing your income tax return

Taking a look at the various criteria/situations that make return filing mandatory for taxpayers.

Pension fund regulator makes bank account, mobile number mandatory for NPS subscribers
Business

Pension fund regulator makes bank account, mobile number mandatory for NPS subscribers

PFRDA takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System (NPS), like new functionality development under NPS architecture, simplification of account opening, withdrawal and grievance management

SC order extending Aadhaar deadline allays concerns of the elite but fails to protect the most vulnerable
India

SC order extending Aadhaar deadline allays concerns of the elite but fails to protect the most vulnerable

It is imperative that public policy professionals and policymakers examine Aadhaar from an access-to-resources perspective, and not just from a data protection one.

RBI launches SMS campaign, missed-call helpline to warn people against fraudsters, prize money
Business

RBI launches SMS campaign, missed-call helpline to warn people against fraudsters, prize money

Typically, fraudsters make calls or send SMSes and emails to gullible people promising lotteries and prize money from the Reserve Bank, at times from the RBI Governor himself, to trap them into sharing their banking account details or paying some 'fees or charges' to get the money.

Linking Aadhaar to real estate deals: Why it is need of the hour to bring benami transactions to light
Business

Linking Aadhaar to real estate deals: Why it is need of the hour to bring benami transactions to light

Immovable properties remain impervious to Aadhaar scrutiny which is why the Urban Development Minister has mooted this suggestion

FASTags mandatory from 1 Dec: Glitches in electronic payment device can be removed with the help of cameras, too
Business

FASTags mandatory from 1 Dec: Glitches in electronic payment device can be removed with the help of cameras, too

There are quite a few apparent shortcomings in our extant FASTag system which was lapped up during the harrowing days of demonetisation when cash became a scarce commodity

Aadhaar-insurance linking step towards creating a unified financial services platform, checking frauds
Business

Aadhaar-insurance linking step towards creating a unified financial services platform, checking frauds

it will now be simple and easy to authenticate our customers, bring in efficiency to our processes while onboarding a customer to settling claims.

'Linking Aadhaar to bank accounts is mandatory': RBI rubbishes reports suggesting otherwise
Business

'Linking Aadhaar to bank accounts is mandatory': RBI rubbishes reports suggesting otherwise

The Reserve Bank of India (RBI) on Saturday issued a clarification on the linking of Aadhaar to bank accounts, saying that it is a mandatory requirement.

Have an SBI account? Just a reminder about the rule changes that will impact you from Sunday
Business

Have an SBI account? Just a reminder about the rule changes that will impact you from Sunday

The revision in minimum account balance is likely to benefit another 5 crore account holders, SBI said.

Vatican cardinal George Pell charged with sexual abuse: Australians set up fund to pay legal fees
World

Vatican cardinal George Pell charged with sexual abuse: Australians set up fund to pay legal fees

Vatican finance chief Cardinal George Pell's Australian supporters have set up a fund to help pay his legal fees after he was charged with sexual offences.

Aadhaar numbers of 135 mn Indians may have leaked, claims CIS report; UIDAI denies any breach
India

Aadhaar numbers of 135 mn Indians may have leaked, claims CIS report; UIDAI denies any breach

Aadhaar numbers and personal information of as many as 135 million Indians could have been leaked from four government portals due to lack of IT security practices, the Centre for Internet and Society has claimed.

Why it is essential to plan your taxes before filing returns
Business

Why it is essential to plan your taxes before filing returns

Tax planning however remains low in the pecking order

RBI to banks: Be careful while opening accounts under Jan Dhan Yojana
Economy

RBI to banks: Be careful while opening accounts under Jan Dhan Yojana

The Reserve Bank today warned the banks to be more careful while opening accounts under the Jan-Dhan Yojana, saying that a single individual could open multiple accounts in the lure of Rs 1 lakh insurance cover.

Counterfeiters lapping up Rs 100, Rs 1,000 bills; Rs 500 note most faked: RBI
Money

Counterfeiters lapping up Rs 100, Rs 1,000 bills; Rs 500 note most faked: RBI

Detection of Rs 100 denomination fake notes increased by 10,000 pieces during the fiscal to 1.18 lakh pieces, the RBI said in its recently released annual report.<br />

Jan Dhan Yojana: Modi to launch program on 28 Aug; 1 cr bank accounts to open on day 1
Life

Jan Dhan Yojana: Modi to launch program on 28 Aug; 1 cr bank accounts to open on day 1

As many as 76 mega functions are being organised at different places to mark the launch of the scheme, under which the new account holders will be provided RuPay debit cards with an inbuilt insurance cover of Rs 1 lakh.<br />