-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have started receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in parts of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the Bank branches. There...
More »SEARCH RESULT
Total Matching Records found : 224
Banks told to be vigilant on Aadhaar -Manojit Saha
-The Hindu Use OTPs only in the presence of customers: UIDAI The Unique Identification Authority of India (UIDAI) has asked banks to provide Aadhaar-based onetime password (OTP) for opening of bank accounts only in the presence of the customer, in a banking outlet. In a letter addressed to commercial banks, UIDAI Chief Executive Officer Ajay Bhushan Pandey cited instances of misuse of Aadhaar while opening accounts. The direction is a huge blow to the...
More »In rural Manipur, women feel the heat of climate change -Ninglun Hanghal
-TheThirdPole.net Women farmers are struggling to grow crops in an increasingly hostile environment in north-east India It is that time of the year when the weather is dry and windy. Hmuoki has to work even harder than usual to water and fertilize her four acres of farmland on the banks of the Khuga River in Churachandpur district of Manipur, north-east India. Hmuoki struggles to ensure her family has enough food to eat during...
More »Public sector banks lost Rs 2,450 crore to frauds involving staff: RBI data -Chethan Kumar
-The Times of India BENGALURU: Among other things that emerged in the aftermath of the massive Punjab National Bank (PNB) scam is the active role of employees of the Public Sector Banks (PSBs) in multiple frauds over the years. TOI has accessed Reserve Bank of India data that reveals the number of cases involving staff across various states and the amount of loss reported. Overall, data from April 2013 to June 2016...
More »Survey: Serious flaws in new food subsidy scheme in Jharkhand
-The Times of India RANCHI: Jharkhand government's Direct Benefit Transfer (DBT) scheme, introduced last year for ration distribution, has serious flaws, an audit by Right To Food (RTF) Campaign has revealed. After the pilot DBT scheme was introduced in October 2017 at Nagri block in Ranchi district, residents could no longer purchase rice at Re 1 per kg from ration shops and instead had to wait for transfers to their bank accounts....
More »
