-MoneyLife.in Even as banks are on an overdrive to push customers to link their Aadhaar numbers to Bank Accounts on the threat of suspending accounts, the Reserve Bank of India (RBI) has told us that it has never issued any such directions. This was in response to a Right to Information (RTI) Act application filed by me. The RBI’s emphatic RTI response makes it clear that the decision is entirely that...
More »SEARCH RESULT
Total Matching Records found : 2655
Anganwadi federation seeks clarity on move to replace freshly cooked food
-The Hindu Business Line Asks ministry to define stand on Aadhaar-linkage, cash transfers New Delhi: Coming close on the heels of a 11-year-old girl reportedly dying in Jharkhand as her family did not possess Aadhar cards for rations, the All India Federation of Anganwadi Workers and Helpers Federation said that in many States such as West Bengal, Haryana, Madhya Pradesh and Bihar, departments were directing Anganwadi workers to link the beneficiaries’ Aadhaar...
More »Jan Dhan accounts keep villagers sober, slow rural inflation: Study -Surojit Gupta
-The Times of India NEW DELHI: Village residents who opened Bank Accounts under the Prime Minister's Jan Dhan Yojana (PMJDY) may be saving more and cutting back on their consumption of alcohol and tobacco, a study by the economic research wing of the State Bank of India (SBI) suggests. This may have also slowed inflation in rural areas. When the PMJDY programme was launched there were fears that higher circulation of money...
More »Transactions on Unified Payment Interface jump 85%, cross 3-crore mark in September -AJ Vinayak
-The Hindu Business Line Mangaluru: The number of transactions on UPI (Unified Payment Interface) platform crossed 3 crore in September. UPI, which is a mobile-only digital payment mechanism from National Payment Corporation of India (NPCI), went live with 21 banks on August 25, 2016. The latest figures by NPCI indicate a substantial increase of around 85 per cent in the number of transactions on this platform September. The number of transactions on UPI...
More »SIT on blackmoney under the RTI Act: CIC
-PTI The SIT was set up on the orders of the Supreme Court in 2014 through a government notification to suggest methods to curb black money in the economy. The Supreme Court appointed Special Investigation Team on black money is answerable under the RTI Act, the Central Information Commission has held. Bringing SIT under the RTI Act, Information Commissioner Bimal Julka said every action of the government must be actuated in...
More »
