The Central Bureau of Investigation (CBI) has registered a case against Gowtham Ramesh, managing director of Coimbatore-based Universal Trading Solutions Pvt Ltd (UTS), over allegations of duping depositors from all over the country worth approximately Rs 3,000 crores through Ponzi schemes.
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
The assets were attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 which include bank balances worth Rs 0.75 crore and immovable assets worth Rs 6.04 crore.
"CM Shri @Revanth_Anumula directed to start the process of depositing 'Raitubandhu' funds in their accounts to all the farmers in the state from today," the Telangana Chief Minister's Office said in a post on 'X'.
As the currency counting of 176 bags is completed after the Income Tax raids at properties connected to Rajya Sabha MP Dheeraj Sahu, the Income Tax department will deposit all the sized cash at the same bank in Balangir SBI main branch following the official procedure on Monday.
New Delhi [India], December 8: Technology is rapidly becoming more and more popular in all areas, and the financial sector is no exception. Today, few people are willing to physically go to a bank to open a savings account or they simply have no time to. Kotak811 is one of the most popular b
"40 talukas of the state have been declared drought-affected as per the criteria of the central government. Full assistance will be given to these talukas. Last year, aid of 10 thousand crores was given. 25 per cent advance amount has been deposited in the accounts of more than 20 lakh farme
Pradhan Mantri Ujjwala Yojana (PMUY) was started in May 2016 to provide clean cooking fuel to poor households across the country. Under PMUY, a deposit-free LPG connection is provided to adult women from poor households.
For a long time, investors and depositors have been demanding a probe by the Central Bureau of Investigation (CBI) into the functioning of Sri Guru Raghavendra, Guru Sarvabhouma and Vashishta Cooperative Banks in Bengaluru.
Pune (Maharashtra) [India], December 2: In the pursuit of financial stability and wealth creation, choosing the right investment option is necessary. Bajaj Finance Fixed Deposits emerge as a standout option, combining reliability, attractive returns, and a customer-centric approach.
The neutral outlook is driven by resilient business models, an increasing share of recurring non-volume revenue, and the overall adaptability of FMIs to market fluctuations.
The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023, the date on which RBI decided to withdraw the banknote. As of November 30, it was at Rs 9,760 crore.