Committee on Digital Payments Pursuant to the Government initiative to promote digital payments, NITI Aayog vide order dated on 30th November 2016 constituted a Committee of Chief Ministers with Shri Chandra Babu Naidu, Hon’ble Chief Minister of … [Read more...]
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Charges on digital transactions
Charges on digital transactions Digital financial transactions are a part of the Government’s strategy to create histories of transactions, including the associated credit, and thereby enable small and micro enterprises to access formal credit, … [Read more...]
Lucky Grahak Yojana and Digidhan Vyapar Yojana for digital payments of less than Rs.1600
Lucky Grahak Yojana and Digidhan Vyapar Yojana for digital payments of less than Rs.1600 Mega Prizes of Rs. 1 crore, Rs.50 lakh and Rs. 25 lakh for Consumers making digital payments of less than Rs.1600 Press Information Bureau Government of … [Read more...]
No Limits on Cash Withdrawal from Savings Accounts from Today
No Limits on Cash Withdrawal from Savings Accounts from Today "Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts - RBI" Cash withdrawal limits from banks removed from today Keeping up with the pace of … [Read more...]
Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week – Reserve Bank
Limit on Cash Withdrawals from SB Accounts raised to 50, 000 per week - Reserve Bank Reserve Bank today announced that the cash withdrawal limits on savings bank account to be raised to Rs 50,000 per week from the existing limit of Rs.24,000 from Feb … [Read more...]
Involvement of bank officials in money laundering during post monetization
Involvement of bank officials in money laundering during post monetization Press Information Bureau Government of India Ministry of Finance 07-February-2017 16:30 IST Involvement of bank officials in money laundering during post … [Read more...]
No Limit for Cash Withdrawal from ATMs from February 1 – RBI Circular
No Limit for Cash Withdrawal from ATMs from February 1 - RBI Circular Limits on Cash withdrawals from Bank accounts and ATMs - Restoration of status quo ante RESERVE BANK OF INDIA www.rbi.org.in RBI/2016-17/217 DCM (Plg) No. … [Read more...]