Arun Jaitley On Atm
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Told You So: Andhra, Telangana Junk Centre's Cash Crunch Logic
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and the Reserve Bank of India (RBI) well in advance.
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Government Removes All Taxes On Point Of Sales Machines To Push E-Payments
Arun Jaitley also exempted components from taxes to encourage domestic manufacturing of these devices.
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PM Narendra Modi's Speech On Demonetisation On New Year's Eve: Highlights
Prime Minister Narendra Modi addressed the nation on the notes ban, which he announced on November 8 without warning as a big step to check tax evasion. The deadline to deposit banned 500 and 1,000 notes in banks ended yesterday. Restrictions on the withdrawal of money from banks and ATMs are likely to continue. The notes that were cancelled amount...
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PM Narendra Modi Holds Late Night Meeting With Senior Ministers On Currency Ban
Prime Minister Narendra Modi held a meeting with senior ministers late on Sunday night to review demonetisation and its impact.
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After Rs 500 Note Launch, Withdrawal Limits At ATMs, Banks Raised: 10 Updates
Within hours of launching the new Rs 500 notes on Sunday, the government increased the daily limit of withdrawal from ATMs from Rs 2000 to Rs 2500 and exchange limit from Rs 4,000 to Rs 4,500. Prime Minister Narendra Modi held a meeting to review the withdrawal of Rs. 500 and Rs. 1000 notes that was announced on Tuesday in a bid to root out black ...
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In Karnataka, Farmer Duped With Copy Of 'High-Security' Rs.2,000 Note
Just two days after banks began issuing new "high security" 500 and 2,000 rupee notes, a farmer in Karnataka was cheated by a man with a photocopy of Rs 2,000 note on Saturday.
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Currency Ban: Government Looking Into Sudden Spurt In Jan Dhan Account Deposits
Government is looking into sudden 'propping up' of money into zero-balance Jan Dhan accounts, after an unprecedented Rs 2 lakh crore of cash flooded the banking system within just two days of demonetisation of high value currency.
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Recalibration of ATMs Will Be Completed Within 2 Weeks: Arun Jaitley
Finance Minister Arun Jaitley said that it will take two-three weeks to recalibrate the ATMs across the country for the new notes. "It will be a slow process. Such a big cash replacement cannot happen in a mechanical way overnight," he said.
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Finance Minister Arun Jaitley Addresses Media On Currency Exchange: Highlights
Union Finance Minister Arun Jaitley addressed the media in New Delhi.
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Amid Rush For New Notes, No Fee For Using Another Bank's ATM: 10 Facts
Long queues formed at banks across the country today as millions rushed to deposit and swap Rs 500 and Rs 1,000 notes, banned in a surprise announcement by Prime Minister Narendra Modi to check black or untaxed money. The government is "unwavering in its effort to create an India that is corruption free and where fruits of development touch every c...
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Report On Debit Card Data Breach Likely Soon: 10 Things To Know
The Finance Ministry has asked various agencies, including the Reserve Bank of India, to submit in 10 days their report on a data breach involving over 3 million debit cards, Press Trust of India reported citing ministry sources.
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Finance Ministry Expects Report On Debit Card Data Breach In 10 Days: Report
As many as 32.14 lakh debit cards of various public and private sector banks are feared to have been compromised by a cyber malware attack in some ATM systems.
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Government Has Sought Report On Debit Card Data Compromise: Arun Jaitley
The government has asked the RBI and banks to provide details of the data breach and also banks' preparedness to deal with cyber crimes.
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'Idea Is To Contain Damage': Arun Jaitley After Data Breach Exposes Debit Cards
Finance Minister Arun Jaitley said today that he has sought a report on the misuse of debit cards after a massive data breach compromised over 3 million cards. "The idea is to contain damage," Mr Jaitley said.
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ATM Transaction Cap Not Against Account Holders' Interest: Jaitley
The Reserve Bank stands by its decision to put a cap on the number of free ATM transactions per month and taking steps to protect consumers' interest, Parliament was informed on Tuesday.
-
Told You So: Andhra, Telangana Junk Centre's Cash Crunch Logic
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and the Reserve Bank of India (RBI) well in advance.
-
Government Removes All Taxes On Point Of Sales Machines To Push E-Payments
Arun Jaitley also exempted components from taxes to encourage domestic manufacturing of these devices.
-
PM Narendra Modi's Speech On Demonetisation On New Year's Eve: Highlights
Prime Minister Narendra Modi addressed the nation on the notes ban, which he announced on November 8 without warning as a big step to check tax evasion. The deadline to deposit banned 500 and 1,000 notes in banks ended yesterday. Restrictions on the withdrawal of money from banks and ATMs are likely to continue. The notes that were cancelled amount...
-
PM Narendra Modi Holds Late Night Meeting With Senior Ministers On Currency Ban
Prime Minister Narendra Modi held a meeting with senior ministers late on Sunday night to review demonetisation and its impact.
-
After Rs 500 Note Launch, Withdrawal Limits At ATMs, Banks Raised: 10 Updates
Within hours of launching the new Rs 500 notes on Sunday, the government increased the daily limit of withdrawal from ATMs from Rs 2000 to Rs 2500 and exchange limit from Rs 4,000 to Rs 4,500. Prime Minister Narendra Modi held a meeting to review the withdrawal of Rs. 500 and Rs. 1000 notes that was announced on Tuesday in a bid to root out black ...
-
In Karnataka, Farmer Duped With Copy Of 'High-Security' Rs.2,000 Note
Just two days after banks began issuing new "high security" 500 and 2,000 rupee notes, a farmer in Karnataka was cheated by a man with a photocopy of Rs 2,000 note on Saturday.
-
Currency Ban: Government Looking Into Sudden Spurt In Jan Dhan Account Deposits
Government is looking into sudden 'propping up' of money into zero-balance Jan Dhan accounts, after an unprecedented Rs 2 lakh crore of cash flooded the banking system within just two days of demonetisation of high value currency.
-
Recalibration of ATMs Will Be Completed Within 2 Weeks: Arun Jaitley
Finance Minister Arun Jaitley said that it will take two-three weeks to recalibrate the ATMs across the country for the new notes. "It will be a slow process. Such a big cash replacement cannot happen in a mechanical way overnight," he said.
-
Finance Minister Arun Jaitley Addresses Media On Currency Exchange: Highlights
Union Finance Minister Arun Jaitley addressed the media in New Delhi.
-
Amid Rush For New Notes, No Fee For Using Another Bank's ATM: 10 Facts
Long queues formed at banks across the country today as millions rushed to deposit and swap Rs 500 and Rs 1,000 notes, banned in a surprise announcement by Prime Minister Narendra Modi to check black or untaxed money. The government is "unwavering in its effort to create an India that is corruption free and where fruits of development touch every c...
-
Report On Debit Card Data Breach Likely Soon: 10 Things To Know
The Finance Ministry has asked various agencies, including the Reserve Bank of India, to submit in 10 days their report on a data breach involving over 3 million debit cards, Press Trust of India reported citing ministry sources.
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Finance Ministry Expects Report On Debit Card Data Breach In 10 Days: Report
As many as 32.14 lakh debit cards of various public and private sector banks are feared to have been compromised by a cyber malware attack in some ATM systems.
-
Government Has Sought Report On Debit Card Data Compromise: Arun Jaitley
The government has asked the RBI and banks to provide details of the data breach and also banks' preparedness to deal with cyber crimes.
-
'Idea Is To Contain Damage': Arun Jaitley After Data Breach Exposes Debit Cards
Finance Minister Arun Jaitley said today that he has sought a report on the misuse of debit cards after a massive data breach compromised over 3 million cards. "The idea is to contain damage," Mr Jaitley said.
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ATM Transaction Cap Not Against Account Holders' Interest: Jaitley
The Reserve Bank stands by its decision to put a cap on the number of free ATM transactions per month and taking steps to protect consumers' interest, Parliament was informed on Tuesday.
