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  RBI's new guidelines relieve crores of users, banking calls will now come from these two numbers

  Technology | January 20, 2025 18:42 IST

  The RBI has recently allocated phone number series 1600 and 140 to banks and financial institutions for financial transactions, marketing calls, and SMS. This initiative aims to protect individuals from scammers.

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  Bank holiday today: Are banks open on Saturday, December 21? Here’s what to know

  December 21, 2024 8:40 IST

  Banks remain closed on second and fourth Saturdays and Sundays as per RBI rules. However, today, December 21, a third Saturday, banks will remain open nationwide. Know about upcoming bank holidays in December 2024, tips for checking state-specific holidays, and options for completing financial task.

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  Maldives probe alleged attempt to topple govt, Muizzu accuses opposition of 'financial' coup

  World | August 28, 2024 10:37 IST

  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.

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  Income tax department cracks down on PAN fraud for false HRA claims

  April 01, 2024 9:23 IST

  The income tax department has uncovered a scam involving the fraudulent use of PANs to claim house rent allowance (HRA) without actual tenancy, with around 8,000–10,000 high-value cases identified.

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  Panel on direct tax laws to look into cross-verification of financial transactions, data sharing

  India | June 26, 2019 21:46 IST

  The Finance ministry has broadened the terms of reference (ToR) of the task force, headed by CBDT member Akhilesh Ranjan, to also include faceless and anonymized verification/ scrutiny/ assessment and reduction of compliance burden by simplification of procedures.

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  SBH Joins Interbank Mobile Payment Service

  January 20, 2012 14:23 IST

  Mumbai, Jan 20: State-run State Bank of Hyderabad has joined the Interbank Mobile Payment Service (IMPS) network, which facilitates cellphone-based financial transactions.SBH is the 34th bank to join the IMPS network, the National Payments Corporation