As default rule, use of removable devices and media should not be permitted in the banking environment unless specifically authorised for defined use and duration of use. USB instances can be set to be blocked by default in the entire network, restriction can be revoked at user or device level...
In regards to the mail acknowledged from you regarding your pending fund here in the Reserve Bank of India custody, your details have been received and filed as we wait for the completion of your formalities before your fund will be wired to your local Bank Account. As per accrediting fee ...
Usually, the financing is done by setting a limit based on the Anchor’s credit standing, with a bank or NBFC. Both banks and NBFCs are active in the space. Financing may be done by discounting of supply bills, either accepted by the Anchor as due for payment, or drawn by the Anchor...
Under the Aadhaar-based payment system (ABPS), workers' Aadhaar numbers will be linked to their Job cards and their bank account numbers. The ABPS will ensure wage payment of beneficiaries into their bank accounts, even in case of frequent change of bank account. Jammu and Kashmir has implem...
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OYO has instructed its partner hotels in Meerut to enforce this policy immediately. The company noted that, based on local feedback, it might extend the rule to other cities. “OYO has received feedback in the past from civil society groups especially in Meerut urging action to address this ...
RBI Rule on Debit Cards: Is It a Boon or a Bane?: The Reserve Bank of India Has Made It Mandatory for Debit Cardholders to Punch in Their PIN after Swiping the ATM Card at Any Retail Outlet. the Move Is Aimed at Curbing Frauds in Electronic Payment System. DNA Speaks to Retailers ...
It provides life cover of two lakh rupees in case of death due to any reason. The premium for the scheme is 436 rupees per annum. It is a one-year life insurance scheme which has to renew every year. Persons aged between 18-50 years having an individual bank or a post office account...
Accelerate your Database Activity Monitoring readiness to comply with Reserve Bank of India (RBI) Guidelines Jan 2024 | Version 24.01 Copyright © 2023, Oracle and/or its affiliates PURPOSE This technical white-paper provides an overview of Database Activity Monitoring requirements for compliance ...
This development follows NPCI’s decision toextendthe market cap deadline by an extra two years, as it has once again delayed the proposal to impose a 30% cap on the transaction share of any individual app on the UPI network. The rule will now be deferred for two more years, with the...