Page 7 - Bank Accounts
How vulnerable are bank ATMs?
Many customers are careless; they use overly simple and non-random PINs (such as date of birth), and do not change PINs periodically, compromising security
 "How vulnerable are bank ATMs?")
Sebi bans three persons for 7 years for creating sham identities
Besides, they have been asked to disgorge unlawful gain of about Rs 7 lakh, including interest. Babulal M Dugar, Manoj Kumar Dugar, and Vinod Kumar Dugar are the three persons facing ban.
 "Sebi bans three persons for 7 years for creating sham identities")
Registering a company? Starting a business gets just a little bit easier
Experts suggested the MCA give access to the data and documents filed by companies to banks
 "Registering a company? Starting a business gets just a little bit easier")
No need to declare religion for opening bank accounts: Rajiv Kumar
The clarification comes after a news report suggested that Indian banks may ask depositors and customers to list their religion.
 "No need to declare religion for opening bank accounts: Rajiv Kumar")
Small finance banks lag in opening Jan Dhan Yojana accounts in Odisha
This is despite their strong branch network and plans to expand retail banking operations; PSB lead race, accounting for 70% of such accounts opened in the state
 "Small finance banks lag in opening Jan Dhan Yojana accounts in Odisha")
Delhi govt organises camps for opening bank accounts of labourers
Revenue Dept in collaboration with Labour Department and leading banks organised camps where accounts of workers were opened
 "Delhi govt organises camps for opening bank accounts of labourers")
EPFO seals bank a/c of over 600 firms sealed for irregularities
During this period, 14 employees who indulged in wrong- doings in depositing their employees' PF were also arrested
 "EPFO seals bank a/c of over 600 firms sealed for irregularities")