RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

Mumbai: The Reserve Bank of India (RBI) on Saturday dismissed media reports that it was not necessary to link national identity card numbers, known as Aadhaar numbers, to bank accounts. It said in a statement the requirement remained in force...
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India’s national accounts on economic growth wrong: Vijay Joshi

India’s national accounts on economic growth wrong: Vijay Joshi

India is not growing at a 7% rate as being reported by the government, an eminent Indian-origin economist has claimed, citing flat growth in several key sectors. “They (India’s national accounts) show India’s growing at seven% a year. But I...
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23% Jan Dhan Accounts Still Without Balance, Deposit Surge Abates

23% Jan Dhan Accounts Still Without Balance, Deposit Surge Abates

The upper limit for deposits in Jan Dhan account is Rs. 50,000. New Delhi: Despite a huge surge in total deposits in Jan Dhan accounts following demonetisation, about one-fifth of these still continue to have no balance. Net addition in...
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Suspicious Deals: Axis Bank Suspends 24 Employees, 50 Accounts

Suspicious Deals: Axis Bank Suspends 24 Employees, 50 Accounts

The raid was conducted at an Axis Bank branch situated in Noida Sector 51. Mumbai: In the wake of disclosure of transgressions in its network, including a case in Noida which came to light today, private sector lender Axis Bank...
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RBI Imposes Restrictions On Withdrawal From Certain Bank Accounts

RBI Imposes Restrictions On Withdrawal From Certain Bank Accounts

Mumbai: Tightening the noose around people who misused banking channels to park unaccounted money, the Reserve Bank on Thursday imposed certain restrictions on withdrawal if more than Rs. 2 lakh has been deposited after November 9 in an account which...
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‘Gooligan’ Android Malware Stole Millions of Google Accounts, Say Researchers

‘Gooligan’ Android Malware Stole Millions of Google Accounts, Say Researchers

A malicious software, called Gooligan, designed to attack Android smartphones has breached the accounts of more than a million Google users, security researchers said Wednesday. The report by Check Point Software Technologies said the Gooligan malware targets ...
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