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Bank GK Updates May 11 - May 16 2017

Bank GK Updates May 11 - May 16 2017

TestFunda ,  16-May-17
India largely escapes WannaCry attack
India > WannaCry attack > May 16

Indian businesses, organisations and financial institutions largely escaped the impact of WannaCry malware attack, though India was the third most affected after Russia and Ukraine. There were fears of a big cyberattack unfolding when offices opened on Monday after the weekend and the government agencies, Reserve Bank of India and Securities and Exchange Board of India were on a vigil against the virus which has wrecked havoc across 150 countries.

Centre has to prove triple talaq not essential in Islam, says Supreme Court
India > Triple talaq > May 15

The Supreme Court today said it would examine whether triple talaq was an essential part of religion under Article 25 of Constitution. A five-judge constitution bench headed by Chief Justice J S Khehar said "We have to see the test of essentiality and the government has to prove that 'triple talaq' is not an essential part of Islam as this will amount to tinkering with religion." The bench, also comprising Justices Kurian Joseph, R F Nariman, U U Lalit and Abdul Nazeer, asked the government why it had not brought in a law to bring about reforms if it had found the practice of triple talaq as wrong.

Some ATMs shut on precautionary ground due to ransomware threat
Banks > Ransomware threat > May 15

As part of precautionary measures, banks did not operate some ATMs running on old software in view of threat from ransomware 'WannaCry'.  The RBI has asked banks to follow the instructions of government organisation CERT-In on ransomware, which has impacted various IT networks in over 150 countries. 

SBI to allow ATM withdrawals via e-wallet; denies charge hike reports
Banks > e-wallet > May 11

The largest lender State Bank of India will be introducing a new facility that would enable withdrawal of cash through ATMs using the bank's mobile wallet. However, the bank will charge Rs 25 on every cash withdrawal from the mobile wallet via ATMs. 

Diplomatic win for India, International Court of Justice stays hanging of Kulbhushan Jadhav
India > Kulbhushan Jadhav > May 10

In a major diplomatic win for India, the International Court of Justice has stayed hanging of Kulbhushan Jadhav, who has been sentenced to death by a Pakistani military court on charges of "spying". The order by the Hague-based International Court of Justice (ICJ) came a day after India approached it against the death sentence handed down to Jadhav by Pakistan's Field General Court Martial last month, official sources said.

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