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3 types of bank accounts to be closed as per RBI directive from today: Do you maintain them?

Big blow to SBI, PNB in ​​Karnataka. Orders to close accounts and withdraw deposits. Why did the Karnataka government take this tough decision?

Why did the Karnataka government take this tough decision?

The RBI has launched a new portal, UDGAM, to help people track their unclaimed bank deposits. The portal is easy to use and only requires a mobile number and password to register. Once you're registered, you can search for unclaimed deposits from seven banks, with more banks to be added soon. The portal also shows the name and address of the bank branch where the unclaimed deposit is located.


 RBI UDGAM Portal: Track your unclaimed bank deposits in seconds

It has become much easier for us to open savings account online now. Primary aim of having a bank account is “Savings”. Multiple bank accounts can give you some added benefits while there are some cons also. 

Having multiple bank accounts? Check pros and cons here 

TDS on withdrawals was not really a surprise&nbsp;as&nbsp;recommendations have been made in this regards&nbsp;over the&nbsp;last two years. 
&nbsp;

Budget 2019: 2% TDS on cash withdrawal not a new concept in India, but will you be impacted? 

Made PAN card details mistake while linking to bank account? Here's how you can correct the error 

Finding out&nbsp;Aadhaar card, bank account linking status has become an urgent issue and what is more,&nbsp;the&nbsp;sooner&nbsp;everyone&nbsp;concerned gets it done the better.

Is your Aadhaar card linked with bank account or not? Here’s how to check your status! 

A day after the Union government banned Jamaat-e-Islami (JeI) Jammu and Kashmir, More than 60 bank accounts of Jamaat-i-islami have been identified and sealed in Srinagar. Watch full video to know more.

More than 60 bank accounts of Jamaat-i-islami have been identified and sealed in Srinagar

Aadhaar:&nbsp;“If required, we can do it again,” Venugopal said after petitioners challenging the constitutional validity of the Aadhaar scheme sought an extension of the deadline to link the 12-digit unique identity number with various government schemes and services.

Aadhaar card linking deadline: Relief coming for public? Here is what govt said

No proposal to make Aadhaar linkage mandatory for property

"After considering various representations received and inputs received from banks, it has been decided to notify 31st March, 2018 or six months from the date of commencement of account based relationship by the client, whichever is later, as the date of submission of the Aadhaar number, and Permanent Account Number or Form 60 by the clients to the reporting entity," said the statement.

FinMin extends Aadhaar, PAN submission date till March 2018

&nbsp;Many of us are not aware of what is transaction limit, benefits, minimum balance requirement or is there any income tax that needs to be filed on these account.

 What type of bank account is good for your money? check here

The current BJP-led government has been pushing for the Aadhaar card to be mandatory and linked to everything including the pan card, bank account, mobile phones, drivers license and even for children admission into schools.

Govt's vision to link 1 billion Aadhaar with 1 billion bank accounts, mobiles each

Put mandatory Aadhaar linking with bank accounts on hold: AIBOC

RBI has now clarified that linking bank accounts with Aadhaar is mandatory and banks have to implement its linkage 'without further instructions.'

Reserve Bank of India backpedals on Aadhaar; says its mandatory to link with bank accounts

Google launches Tez mobile payments app in India that allows people to make payments through their phone by syncing it with their bank accounts.

Google launches Tez mobile payments app in India; enables transactions directly from bank accounts

If you want to open a bank account then get Aadhaar ready first for transaction of Rs 50,000 crore and above. Existint holders link your Aadhaar with your bank accounts by end of December 31, 2017

Your bank account and Aadhaar must be linked by December 31, 2017, Government says

Jaitley also said that financial inclusion was a top agenda of the government and it was on a rise, particularly for women.

18 lakh accounts under scanner for large deposits: FM Jaitley

Aadhaar -- a unique 12-digit number is assigned to about 99 per cent of adult Indian residents -- links some 84 government services and is used as an authenticating tool for giving pensions and money transfers.

Benefits of Aadhaar should not be undermined: Lavasa

Don’t have Aadhaar card? It will soon be single-point for e-payments

bank-accounts

The RBI has launched a new portal, UDGAM, to help people track their unclaimed bank deposits. The portal is easy to use and only requires a mobile number and password to register. Once you're registered, you can search for unclaimed deposits from seven banks, with more banks to be added soon. The portal also shows the name and address of the bank branch where the unclaimed deposit is located.

TDS on withdrawals was not really a surprise as recommendations have been made in this regards over the last two years.
 

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Bank Accounts

3 types of bank accounts to be closed as per RBI directive from today: Do you maintain them?

Why did the Karnataka government take this tough decision?

RBI UDGAM Portal: Track your unclaimed bank deposits in seconds

Having multiple bank accounts? Check pros and cons here

Budget 2019: 2% TDS on cash withdrawal not a new concept in India, but will you be impacted?

Made PAN card details mistake while linking to bank account? Here's how you can correct the error

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More than 60 bank accounts of Jamaat-i-islami have been identified and sealed in Srinagar

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No proposal to make Aadhaar linkage mandatory for property

FinMin extends Aadhaar, PAN submission date till March 2018

What type of bank account is good for your money? check here

Govt's vision to link 1 billion Aadhaar with 1 billion bank accounts, mobiles each

Put mandatory Aadhaar linking with bank accounts on hold: AIBOC

Reserve Bank of India backpedals on Aadhaar; says its mandatory to link with bank accounts

Google launches Tez mobile payments app in India; enables transactions directly from bank accounts

Your bank account and Aadhaar must be linked by December 31, 2017, Government says

18 lakh accounts under scanner for large deposits: FM Jaitley

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Top News

Silver Price Today: White metal extends record run on MCX, tops Rs 1,94,000/kg after Fed rate cut

IndiGo crisis: Key takeaways from the 2-hour high-level meet as CEO submits recovery plan

India’s external sector faces mixed trends as exports slow but services cushion current account: CareEdge

Ethanol-blended petrol safe for vehicles, helps save Rs 1.4 lakh crore: Nitin Gadkari

Android users can now share live video with emergency services—Know how it works

Aadhaar-OTP system boosts Tatkal ticket availability and strengthens cybersecurity: Railways