Actually it forgets to mention the London and 80% owned Moscow based branches were open during the bank holidays. So it wasnt technically stopping the main people (Russian oligarchs) from withdrawing the money and circumventing the capital controls. Only people hurt in all this are normal depositors who have no way to go internationally and withdraw money.
, They are collecting finger imprints in a neat 4.5" size device not connected to any bank infra and works on battery. As a person who works in IT line (even though down to earth job), it gave me creeps seeing that they are collecting finger imprints, putting it in a plastic cover on a nonworking day and carrying it in BEST bus when the guy finished that day´s job. Personal and private information is handled in a careless manner here. Can´t imagine what all security issues are in stock in coming years.I guess the bigger security issue wud be - 1. you never getting your said subsidies 2. government reaching into your pockets via the Aadhar bank account. 3. Fraudulent benami accounts in your name to launder politicians money with duplicate aadhar card and its linked account.Since you work in SBI
What I meant is some place where the government is refunding money directly to people's account - not giving them extra money. Something like the Aadhar wherein you will be charged whole amount and the subsidy goes to your account.
Yes, i dont know if it was japan or some other country but it was made with the notion that people would stop saving money in bank accounts and start spending. That country was seeing negative growth in their local industries due to rising inflation from the last few years. The same thing might happen here too. I mean the part where people put more money into savings to beat inflation. Not govt putting money into peoples account so they spend part. Our govt would probably tax people more since they worry about govt income & expenditure first. People are last on the govt's list of priorities.
I knew it wud come to thisShould I remind you all how pathetic our Income Tax Refunds work
I meant any other country which works like this while giving refunds on subsidized services. Like say Norway saying please pay up the full University fee we will refund you later (so long scukers )
