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BIG STORY
As SBI's YONO suspended post SC verdict on Aadhaar, bank seeks clarification from RBI

Following Supreme Court's Aadhaar ruling, the State Bank of India (SBI) has disabled the facility of opening paperless bank account through 'You Only Need One' (YONO) temporarily.

 
 
The investment follows comments from finance minister Arun Jaitley last week that Visa and rival Mastercard were losing market share to domestic payments networks.
According to industry sources, Singh is expected to join Flipkart in December, and will work closely with Flipkart CEO Kalyan Krishnamurthy.
The Ministry of Labour and Employment is in the process of obtaining necessary budgetary grant and approvals of competent authorities, says the govt.
The proposal envisages selling about 5% equity stake in ONGC, 3% in IOCL and 10% in OIL. 
In the past one month, several banks have hiked up interest rates for fixed deposits of less than Rs 1 crore, making them an attractive savings option.
The TRAI has sought public views on making paper bills for post-paid telecom services optional and setting electronic bills as a default option