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55% of Cash Deposits

Either at State Bank of India or other banks, at least half or a bit more of the money remitted by people after demonetisation with an extensive branch network, might be coming mainly from Rural and Semi urban areas.  SBI, the largest of the Indian Banks, has received around Rs. 1.93 lakh crore from November

29 Nov

55% of Cash Deposits

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Either at State Bank of India or other banks, at least half or a bit more of the money remitted by people after demonetisation with an extensive branch network, might be coming mainly from Rural and Semi urban areas.  SBI, the largest of the Indian Banks, has received around Rs. 1.93 lakh crore from November

CRR HURDLE

Reserve Bank of India, has recently come out with a notification that the entire deposits collected by Banks between the period September 16 and November 11 will be treated as reserve requirement, and that an incremental Cash Reserve Ratio (CRR) of 100% would be required to be maintained by banks, on deposits collected during the

29 Nov

CRR HURDLE

Admin Bankedge

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Blog

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Reserve Bank of India, has recently come out with a notification that the entire deposits collected by Banks between the period September 16 and November 11 will be treated as reserve requirement, and that an incremental Cash Reserve Ratio (CRR) of 100% would be required to be maintained by banks, on deposits collected during the

Gates keen to work with Governmenton e-payments

A discussion the Microsoft founder Bill Gates with the IT Minister Ravi Shankar Prasadand Minister of States S P P Chaudhary in New Delhi, on 17th November 2016 Expressing his willingness to work with the Indian Government, on different issues, including e-payments, digital health, digital literacy and e-agriculture in India, Bill Gates, the US business

24 Nov

Gates keen to work with Governmenton e-payments

Admin Bankedge

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Banking, Blog

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A discussion the Microsoft founder Bill Gates with the IT Minister Ravi Shankar Prasadand Minister of States S P P Chaudhary in New Delhi, on 17th November 2016 Expressing his willingness to work with the Indian Government, on different issues, including e-payments, digital health, digital literacy and e-agriculture in India, Bill Gates, the US business

Public Wi-Fi vulnerable to data theft, says Norton

There is a possible data theft in using free Wi-Fi at an airport.  Security Software firm Norton by Symantec say that Public Wi-Fi zones can be vulnerable to cyber-attacks, owing to bad usage habits.  An online survey of around 70 percent of the 20, 900 users globally, reveals, they use public Wi-Fi for checking e-mail,

22 Nov

Public Wi-Fi vulnerable to data theft, says Norton

Admin Bankedge

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Banking, Blog

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There is a possible data theft in using free Wi-Fi at an airport.  Security Software firm Norton by Symantec say that Public Wi-Fi zones can be vulnerable to cyber-attacks, owing to bad usage habits.  An online survey of around 70 percent of the 20, 900 users globally, reveals, they use public Wi-Fi for checking e-mail,

WHAT ARE MICRO ATMs. HOW THEY ARE HELPFUL IN SOLVING THE CASH CRUNCH?

In a meeting late on Sunday, Prime Minister Narendra Modi held a review of the demonetisation process of the Rs. 500 and Rs. 1,000 notes, and the inconvenience the public is facing with the move. While the government has announced measures like increasing daily limits for cash withdrawals from ATMs, there was a major announcement

18 Nov

WHAT ARE MICRO ATMs. HOW THEY ARE HELPFUL IN SOLVING THE CASH CRUNCH?

Admin Bankedge

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Banking

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0

In a meeting late on Sunday, Prime Minister Narendra Modi held a review of the demonetisation process of the Rs. 500 and Rs. 1,000 notes, and the inconvenience the public is facing with the move. While the government has announced measures like increasing daily limits for cash withdrawals from ATMs, there was a major announcement