Banks instructed to clear pending vigilance cases against officials: Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday instructed public sector banks to clear pending vigilance cases against their officials for alleged malpractices.
The minister also said no Merchant Discount Rate (MDR) charges will be applicable on select modes of payment from January 1. The modes of payment will be notified soon, Sitharaman said after a review meeting with heads of public sector banks (PSBs).
In her Budget speech in July, Sitharaman had proposed to waive MDR charges to spur digital payments.
"I, therefore, propose that the business establishments with annual turnover more than Rs 50 crore shall offer such low-cost digital modes of payment to their customers and no charges or Merchant Discount Rate shall be imposed on customers as well as merchants.
"RBI and banks will absorb these costs from the savings that will accrue to them on account of handling less cash as people move to these digital modes of payment," she had said.
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No 'jealousy' against Vijay, meeting with Stalin was friendship call, says Rajini
Chennai (PTI): Superstar Rajinikanth on Sunday denied he was "jealous" about Chief Minister C Joseph Vijay and clarified that his recent meeting with DMK president M K Stalin was "purely" a friendship call and not done with any political motive.
Talking to reporters at his Poes Garden residence here, and responding to some reports, the top star made it clear that the meeting with the former chief minister Stalin was not an attempt to hinder Vijay's chief ministerial aspirations or merge political parties.
Dismissing that he had any envy towards TVK founder and chief minister Vijay, the "Jailer" star said there was a 25-year generational gap between him and the CM and commended Vijay's impressive achievements at a young age, which he said surpassed even those of the legendary MGR (MG Ramachandran) and NTR (N T Rama Rao). MGR and NTR, the two matinee idols from Tamil and Telugu cinema had gone on to become CM of Tamil Nadu and the then undivided Andhra Pradesh, respectively.
"I have seen Vijay since a young age. Why would I be jealous if he had become CM. That too at a young age of 52, he has achieved more than MGR and NTR... I have no envy at all," he added.
Rajinikanth also congratulated Vijay, whose TVK won 108 seats to form government after getting support from Congress, VCK, Left parties and IUML after the April 23 elections defeating Dravidian majors -- DMK and AIADMK.
The superstar further said that he did not enter politics due to health reasons and advised his fans to support any political party of their choice.
Rajinikanth also urged the people to grant Vijay a two-year period to establish himself.
