Cash

Photo: LatestLY

UP Daily Wage Earner Goes To Withdraw Rs 100, Discovers Rs 2,700 Cr In Bank Account

Bihari Lal, 45, daily wage laborer earning Rs 600-800 per day, tried to withdraw Rs 100 from his Jan Dhan account in Uttar Pradesh's Kannauj district but discovered Rs 2,700 crore in his account. Bihari Lal is employed in a brick kiln. However, when he returned home, district manager Abhishek Sinha informed that he only had Rs 126 in his account and the prior sum was due to technical error. 

Wed, 03 Aug 2022 - 04:12 PM / by Vidhi Jhunjhunwala

Tags: Kannuaj, laborers, Uttar Pradesh, bank account, cash withdrawal

Courtesy: DNA INDIA

SBI

Photo: Economic Times

SBI Introduces New Policy, ATM Transactions Now Require OTP

State Bank of India (SBI) implemented a new policy to prevent fraudulent ATM transactions. To complete the transaction, SBI customers will now require to submit a one-time password (OTP) while withdrawing cash from ATMs. However, this applies to customers withdrawing Rs 10,000 or more in a single transaction. On December 26, 2019, SBIread-more

Mon, 25 Jul 2022 - 07:30 PM / by Vidhi Jhunjhunwala

Tags: SBI, ATM, cash withdrawal, new rule, One time password

Courtesy: India today