Business Standard

Bank Withdrawal

Updated On : 13 Mar 2024 | 2:17 PM IST

RBI curbs withdrawals from Jalna-based Mantha Urban Coop Bank for 6 months

The RBI, in a release, said it has issued certain directions to Mantha Urban Cooperative Bank, Mantha District Jalna, Maharashtra, from the close of business on November 17, 2020

RBI curbs withdrawals from Jalna-based Mantha Urban Coop Bank for 6 months
Updated On : 17 Nov 2020 | 10:43 PM IST

Banks, Post Offices can now check TDS rate on high value withdrawals

Explaining the details of this facility, the Central Board of Direct Taxes (CBDT) said that now the bank/post office has to only enter the PAN of the person who is withdrawing cash

Banks, Post Offices can now check TDS rate on high value withdrawals
Updated On : 12 Jul 2020 | 9:50 PM IST

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years
Updated On : 06 Mar 2020 | 3:56 PM IST

RBI supersedes board of troubled YES Bank, sets Rs 50,000 withdrawal limit

Lender placed under moratorium; withdrawal capped at Rs 50,000; govt, central bank flag governance issues

RBI supersedes board of troubled YES Bank, sets Rs 50,000 withdrawal limit
Updated On : 06 Mar 2020 | 10:03 AM IST

Bank liable for unauthorised withdrawal even if no reply to SMS alert: HC

SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the habit of checking SMS alerts regularly, the Kerala High Court said

Bank liable for unauthorised withdrawal even if no reply to SMS alert: HC
Updated On : 06 Feb 2019 | 5:25 PM IST

Ban on cash dealings not applicable for bank, post office withdrawals

A clarification on the newly inserted Section in the I-T Act says so

Ban on cash dealings not applicable for bank, post office withdrawals
Updated On : 06 Apr 2017 | 3:00 AM IST