Bank Accounts

Four Deadlines To Link Aadhaar You Should Not Miss. Details Here

NDTV Profit Team | Sunday September 24, 2017

Be it linking of Aadhaar with PAN, mobile SIM cards or bank accounts, there are different deadlines specified in each case.

'Feel Like Part Of 007 Movie': Karti Chidambaram's Swipe At CBI For Its Claims In Supreme Court

India News | Edited By Aloke Tikku | Saturday September 23, 2017

Senior Congress leader P Chidambaram dared the Central Bureau of Investigation to back up its "absolute lie" about his son Karti Chidambaram's secret foreign bank accounts and asked the central agency to reveal the "undisclosed assets" owned by the family. If the CBI can find any, the family would readily turn over these assets to the government, t...

J&K Special Police Officers To Link Bank Accounts To Aadhaar For Salaries

India News | Written by Neeta Sharma | Saturday September 23, 2017

Salaries of Special Police Officers or SPOs who are posted across Jammu and Kashmir would now be made through Aadhaar-linked bank accounts through the Public Finance Management System.

Properties Of Former Pak PM Nawaz Sharif, Family Frozen In Corruption Case: Report

World News | Press Trust of India | Friday September 22, 2017

Pakistan's top anti-graft body today froze the bank accounts and seized the properties of ousted prime minister Nawaz Sharif and his family members who are facing corruption and money laundering charges.

Karti Chidambaram Went Abroad To Close 'Undisclosed' Bank Accounts: CBI Tells Supreme Court

India News | Reported by A Vaidyanathan, Edited by Aloke Tikku | Saturday September 23, 2017

Karti Chidambaram, the son of Congress leader P Chidambaram, went abroad to close his undisclosed foreign bank accounts and transfer the money from these accounts, the Central Bureau of Investigation told the Supreme Court today in defence of the lookout circular against the senior politician's son.

UIDAI Lens On Airtel Over Opening Payments Bank Accounts Using eKYC

Press Trust of India | Thursday September 21, 2017

The Aadhaar-issuing body, Unique Identification Authority of India (UIDAI) stated that acts of not taking consent and informing the purpose of authentication was a violation of rules and punishable with financial penalties.

This SBI Account Has No Minimum Balance Charges But Offers Same Interest Rate

NDTV Profit Team | Thursday September 21, 2017

Customers of these accounts are allowed to do only four free withdrawals in a month.

Google Tez: How To Make Payments, Avail Cashback And More

Business | NDTV Profit Team | Wednesday September 20, 2017

Google Tez uses Unified Payment Interface (UPI) and enables users to connect their bank accounts to the service.

These SBI Savings Accounts Have No Minimum Balance Requirements

Business | NDTV Profit Team | Wednesday September 20, 2017

SBI also said that those who want to avoid paying monthly average balance non-maintenance charges, they can convert their savings account to these accounts.

Fines From Minimum Balance Defaults To Amount Rs 2,000 Crore, Says SBI

Indo-Asian News Service | Monday September 18, 2017

SBI expects to realise over Rs 2,000 crore from account holders as penalty for failing to maintain minimum balance in their savings accounts.

SBI Reviewing Minimum Balance Charges For Savings Bank Accounts

Business | Press Trust of India | Monday September 18, 2017

In April this year, SBI reintroduced charges on non-maintenance of monthly average balance (MAB) after a gap of five years.

SBI Clarifies On Monthly Average Balance Charges And Suggests Alternative

Business | NDTV Profit Team | Tuesday September 19, 2017

Those who want to avoid paying monthly average balance non-maintenance charges, they can convert their savings account to BSBD Account without any cost, SBI said.

30 Crore Families Have Got Jan Dhan Accounts In Last 3 Years: Arun Jaitley

India News | Press Trust of India | Wednesday September 13, 2017

As many as 30 crore families have got bank accounts since the launch of India's biggest ever bank account opening drive - the Jan Dhan Yojana - three years ago, Finance Minister Arun Jaitley said today.

Paytm Payments Bank Partners With NPCI for RuPay-Powered Digital Debit Card

Press Trust of India | Tuesday September 12, 2017

The RuPay-powered digital debit card will be issued to all customers who have opened their bank accounts with Paytm Payments Bank.

How To Link Your SBI Bank Account With Aadhaar Through ATM

Business | NDTV Profit Team | Sunday September 10, 2017

According to the new rules, all existing bank account holders have to link their bank account to their Aadhaar within December 31, 2017.

SBI Minimum Balance And ATM Withdrawal Rules You Need To Know

Business | NDTV Profit Team | Tuesday September 12, 2017

Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.

Is Your Bank Account Linked To Aadhaar? Check Status Online

Business | NDTV Profit Team | Sunday September 10, 2017

Unique Identification Authority of India (UIDAI) has introduced an online facility on its website using which you can verify whether your Aadhaar number has been mapped to your bank account.

Shell Companies' Directors May Face Up To 10 Years Jail, Says Government

Business | Press Trust of India | Wednesday September 6, 2017

The government has also identified chartered accountants, company secretaries and cost accountants associated with shell firms in certain cases.

Jail If Shell Companies' Directors Try To Withdraw Money: Centre

India News | Press Trust of India | Wednesday September 6, 2017

Directors or authorised signatories of deregistered firms who try to take money from the firms' bank accounts can face up to 10 years imprisonment, the government said today

BillDesk and Visa Bring BharatQR Services to 300 Million Consumers

Gadgets 360 Staff | Wednesday September 6, 2017

BharatQR code works with bank apps, and lets people make the payments directly from their accounts by scanning a QR code.

SBI Savings Account: Minimum Balance Rules You Need To Know

Business | NDTV Profit Team | Thursday September 14, 2017

Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.

Government Freezes 2 Lakh Bank Accounts Of Suspected Shell Companies

India News | Reuters | Tuesday September 5, 2017

The bank accounts of 209,032 suspected shell companies have been frozen as part of a crackdown on illegal transactions and tax evasion, the Finance Ministry said on Tuesday

2.09 Lakh Companies Deregistered; Directors Face Action: Government

Press Trust of India | Tuesday September 5, 2017

Continuing its crackdown on shell companies which are allegedly used as conduits for illicit fund flows and tax evasion, the government said the directors of deregistered firms would not be able to operate the bank accounts till these entities are legally restored.

SBI Fixed Deposit Interest Rates: Check Out The Details Here

Business | NDTV Profit Team | Wednesday September 6, 2017

State Bank of India now offers 6.75% interest on one-year fixed deposits compared to 6.9% earlier.

RBI Has Directed Resolution Of 12 Accounts By December: Axis Bank

Press Trust of India | Friday September 1, 2017

In a regulatory filing, Axis Bank said it has a total exposure of Rs 2,492 crore in these 12 accounts.

Black Money: Swiss Panel To Discuss Ways To Share Information With India

India News | Press Trust of India | Sunday August 27, 2017

The Committee on Economy and Royalties of the National Council or CER-N, a key panel of Swiss parliament which rejected on August 15 a proposal seeking to outrightly suspend implementation of the AEOI Switzerland has agreed to adopt with 41 nations including India, will examine the criteria a country would need to satisfy to start getting access to...

Guptas Dismantle South African Empire as Bank Accounts Close

Business | Paul Burkhardt, Mike Cohen, Bloomberg | Thursday August 24, 2017

South Africa's four biggest banks shut Gupta-controlled company accounts last year, citing reputational risk and regulatory concerns.

ICICI Bank Cut Interest Rate On Savings Account By 0.5%

Press Trust of India | Friday August 18, 2017

The interest rate on savings bank accounts with deposits of Rs 50 lakh and above remains unchanged at 4 per cent, ICICI Bank said.

These Banks Now Pay Less Interest On Your Savings Accounts

Business | NDTV Profit Team | Thursday August 17, 2017

A fall in the rate of inflation and surplus money with banks on account of demonetisation are the primary reasons for these cuts.

Now, Yes Bank Slashes Savings Account Interest Rates

Business | Press Trust of India | Wednesday August 16, 2017

Yes Bank reduces interest rate on savings bank accounts by 1-5% for deposits of less than Rs 1 lakh.