Maldivian President Mohamed Muizzu has accused the opposition of attempting to stage a "financial coup" and said all those behind the plot to topple his government would be brought to justice.
The Board's approval for a preferential issue of 2,96,296 equity shares at Rs 135 per share reflects the company's commitment to strategic growth. However, the acquisition is contingent upon shareholder approval.
Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.
Bank of Baroda had made certain changes with effect from November 1, 2020, with regard to the number of free cash deposits and withdrawals per month. Opposition political parties had also protested against the move.
The government could withdraw the cheque book facility to push debit and credit card transactions, a senior trade body official said.
The Reserve Bank of India has limited the liability of customers in cases of loss caused due to fraud and unauthorised transactions - both online and through cards
The government move comes close on the heels of the decision last week that all income tax assessees should link their Aadhaar numbers with Permanent Account Numbers (PAN)
New Delhi: Messages on bank transactions and slips in ATM machines may soon come up in Hindi if a proposal of the Home Ministry is accepted by the PSU banks, as part of the efforts
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