Agility, fast decision-making and willingness to experiment will help staid and process-oriented sectors such as banking transform

Under the 'Krishak Bondhu'scheme, a farmers' welfare programme, the state has disbursed Rs 601 crore in 2018, benefiting 39 lakh farmers and sharecroppers, he said

The NEFT service is applicable 24x7 and 365 days. There is no restriction on the transfer of funds via NEFT even on bank holidays

Swedish mobile telecom company said it had reviewed its anti-corruption program and taken measures to improve its ethics and compliance

RBI has asked banks to ensure availability of all necessary infrastructural requirements at their end for providing seamless NEFT 24x7 facility to customers

Central bank data shows that since the controversial demonetization gambit, currency in circulation has grown, rising 17% to 21.1 trillion rupees ($295.7 billion) as of the end of March 2019

A proposal in this regard has been mooted by the RBI to give impetus to digital transactions on the third anniversary of demonetisation

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A parliamentary panel headed by Congress leader Shashi Tharoor has decided to examine the security and privacy of the citizens' data and review the functioning of the Unique Identification Authority of India (UIDAI), Lok Sabha Secretariat said on Friday

Chidambaram, who is lodged in Tihar Jail under judicial custody, has moved the top court, challenging the September 30 verdict of the Delhi High Court which had dismissed his plea seeking bail in the case.

\"Dunzo will deploy the funds to establish itself as the logistics layer for India, picking up and dropping almost anything and everything a consumer could want to buy and ship while integrating merchants and delivery partners on the platform,\" a statement said

Placing Lakshmi Vilas Bank under the prompt corrective action framework cannot be construed as RBI having made up its mind on the lender's merger proposal with Indiabulls Housing, governor Shaktikanta Das said Friday

The Finance Ministry on Friday said the Reserve Bank's decision to lower benchmark lending rate will complement recent measures taken by the government to accelerate growth

The Reserve Bank of India has raised the lending cap for microfinance institutions to Rs 1.25 lakh, against the earlier limit of Rs 1 lakh, to improve credit availability in rural and semi-urban areas

The RBI also said that round-the-clock NEFT facility will strengthen the fund management system of banks. The move is likely to reform the retail payments system in India.

The number of free cash withdrawals at SBI ATM will now range from 2-15 and the customers are expected to maintain an average monthly balance (AMB), depending on branch categories

The State Bank of India has revised service charges for deposits and withdrawal as well as ATM transactions that will kick in on October 1. Here's all you need to know.

Under the revised rule, if someone does not maintain Rs 3,000 as average monthly balance and falls short by 50 per cent (that is Rs 1,500) the individual will be charged Rs 10 plus GST.

This is the second time RBI has increased the time period for RTGS payment system. The apex bank had extended RTGS timings by one-and-a-half hours to 6pm from June 1.