Jul 22, 2018 2249 IST
25% ATMs of public sector banks may be vulnerable to fraud
The statement on state-run banks came in response to a question in Parliament on ATMs running on software that was outdated or “unsupported”.
Ayushman Bharat to cost Rs 5k cr this year
In the first year, out of the total expenditure of Rs 5,000 crore, the central government may bear the burden of around Rs 3,000 crore which will increase to almost Rs 7,000 crore in FY20.
Third party insurance for two, four-wheelers to be made mandatory: SC
The bench said that third party insurance should be made mandatory for four wheelers for a period of three years and for two wheelers, it should be done for five years.
Cryptocurrencies would encourage illegal transactions: RBI to Supreme Court
These currencies operate independently of a central bank, rendering it immune from government interference, it said.
Trends in credit-deposit growth tell a story about financialisation of savings
Within the retail category, unsecured loans are growing faster than secured loans.
New Rs 100 bill carries a Rs 100-crore price tag
Most banks are yet to complete recalibration of all ATMs.
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Builders seek cut in GST rates, rationalisation of tax slabs
The builders demanded reduction of GST from 18% to 12% and asked the government to resolve the issues relating to income tax.