There has also been a 90 per cent decline in direct recruitment of reserved category candidates in the central government jobs in the year 2015 as compared to 2013, data presented in the Lok Sabha showed.
The 811 scheme offers a "completely digital, paperless account opening experience" through Kotak Bank's app in five minutes, executive vice-chairman Uday Kotak said.
"For the first four years, that bank will not to charge anything from the customer," SBI Cards & Payment Services (SBI Cards) chief executive Vijay Jasuja said.
In its earlier directive on March 24, RBI had asked all authorised banks to be open on all days from March 25 to April 1, including Saturday, Sunday and all holidays, to facilitate the government's receipts and payments.
"To enable institutional and retail investors plan their investments efficiently and provide transparency and stability to the government securities market, an indicative calendar has been prepared in consultation with government," RBI said.
Any user of Truecaller app can link his or her account of any bank (participating in UPI) to create a UPI ID and instantly make payments in a safe and secure manner, a statement said.
With falling loan-deposit ratios, a weak loan growth and compressing spreads, banks are looking at the possibility of lowering the savings interest rates, Jefferies said.
The Reserve Bank during the grace period has allowed Indian citizens residing in India who were abroad during November-December 2016 to exchange scrapped notes of Rs 500/1000 up to March 31, 2017 and Indian citizens residents outside up to June 30.
Consolidation of the country's public-sector banks is seen as a final step in rebuilding a financial system capable of underwriting credit growth and job-creating investment in Asia's third-largest economy.
"The balance of deposit in PMJDY was Rs 45,636 crore as on November 9, 2016 and Rs 71,036 crore as on December 28, 2016," Santosh Kumar Gangwar said.
A bench headed by Chief Justice J S Khehar dismissed the plea of the bank which said that barring of the exchange before March 31 will lead to closure of 281 branches in Nashik district.
Apart from the challenge of getting inflation down to 4 per cent which was flagged by RBI Governor Urjit Patel at the last review, one of the biggest factors influencing the analysts seems to be the shift in the policy stance to neutral.
The total workforce of the country's largest lender -- State Bank of India (SBI) -- will see a reduction over the next two years, a top official said.
Broadly, the policy should contain the processes relating to haircut and one-time settlement to be carried out by banks for faster resolution of high-value cases, the official said, adding that the big loan defaults constitute about 70 per cent of the total NPAs.
Section 44 of the State Bank of India Act, 1955 as well as some other clauses of confidentiality in the relevant laws invariably prohibit disclosing the names of individuals who owe money to banks or are responsible for bad loans on account of their failure to repay.
Shashi Kant Sharma said the auditor is gearing up to audit tax revenues under the new GST regime and has started capacity building and reorienting its audit methodology and procedures.
The central bank refused to share noting on the decision to limit currency conversion window till March 31 only for NRIs saying it would be against the economic interests of the state.
The Executive Committee of Central Board in its meeting held today accorded in-principle approval for initial public offer (IPO), SBI said in a regulatory filing to stock exchanges.