Thursday, Mar 23, 2023

Cashless Banking

Demonetisation Catalysed Digital Payments, But Nobody Knows Its Impact On Black Money

Nov 08, 2021 Kamalika Ghosh

Five years post demonetisation, was PM Modi’s ‘masterstroke’ to curb the menace of black money a success?

5 Years Of Demonetisation: Did We Actually Need It to Formalise Indian Economy?

Nov 08, 2021 Neeraj Thakur

Even after five years of demonetisation that aimed to promote digital economy, Indians still love to deal in cash

Digital Banking Will Be The Future Of Banking Post Corona Pandemic

Customers now expect banks to maximize digital interactions and come up with digital alternatives for their day-to-day banking needs as they are now more open to trying out a new app than they were before the COVID-19 pandemic.

Cash No King Anymore: Covid Pandemic Has Accelerated Adoption Of Digital Payments

Jul 17, 2020 Manas J Sharma

Given the fact that Coronavirus can sustain on various surfaces for several hours, bank notes going through rapid change of hands during a day could turn out to be a serious health hazard. The risk could be even more pronounced on the coins in circulation.

FASTags To Be Available Across Country At Petrol Pumps, No KYC Required

Two mobile apps were also launched to enable real-time recharge of any FASTag through UPI and linking them with customer's bank account.

18 April, 2018

Logistic Issues In Replenishing ATMs Reason Behind Cash Crunch: RBI

Outlook Web Bureau

"The situation will stabilise once demand normalises... Supply of currency will also reduce. So it is function of demand and supply."

17 April, 2018

Why Are ATMs Running Dry Again, A Year And Half After Demonetization?

Outlook Web Bureau

The shortage of currency has spread to states like Maharashtra, Bihar and Gujarat, despite the currency in circulation crossing the pre-demonetisation level.

15 December, 2017

Controversial FRDI Bill With 'Bail-In' Clause, Deferred

Outlook Web Bureau

The so-called "bail-in" clause in the draft bill has been commented upon by experts as bringing potential harm to deposits, in the form of savings accounts.

07 December, 2017

Preparing For Cyprus Moment: Centre May Allow Banks To Use Your Hard-Earned Deposits In Case It Collapses

Kumar Shankar Roy

Scary Bail-in clause in FRDI Bill cleared by the Union Cabinet in June 2017 allows banks to finance themselves using depositors money.

29 November, 2017

Paytm Payments Bank Officially Launched, Here Are Some Key Features

Outlook Web Bureau

The bank offers a saving account with zero opening charges, unlike most of the other bank accounts.

04 October, 2017

Paytm Payments Bank Suffers Rs 30.7 Crore Loss Between August 2016 And March 2017

Outlook Web Bureau

Paytm Founder Vijay Shekhar Sharma holds 51 per cent share in Paytm Payments Bank, while the rest is held by Alibaba-backed One97 Communications.


29 September, 2017

Rush To Install Swipe Machines May Cause Rs 3,800 Crore Loss To Banking Industry: SBI Research

Outlook Web Bureau

After the note-ban last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments. Since then, banks have more than doubled their PoS terminals.

19 September, 2017

Study Says 50 Percent Of Train Tickets Still Purchased In Cash

Outlook Web Bureau

RailYatri, a web-based firm that provides various rail and bus based solutions, conducted the study among 50,000 travellers across 25 cities and consulted around 800 travel agents.

08 September, 2017

Payment For Alcohol Should Be In Digital Mode, Traders Body Suggests To Government

Outlook Web Bureau

'Any person purchasing liquor from any shop should be made obligatory to make payment through digital mode'

Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

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The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz