Search For "depositors"
FD schemes of Shriram City insulate depositors against risk on investment
Updated : 5 years, 4 months ago IST
New Delhi [India], January 27 (ANI/NewsVoir): In a tumultuous market scenario, Fixed Deposits (FDs) have emerged as the best products to grow one's investment in a risk-free and secure way. While FDs are guaranteed investments, they also offer sure shot return on the invested funds. Hence, f
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Delhi HC directs PMC Bank to consider afresh applications of depositors se
Updated : 5 years, 4 months ago IST
New Delhi [India], January 18 (ANI): The Delhi High Court on Monday directed the administrators of Punjab and Maharashtra Co-operation (PMC) Bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies.
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Delhi HC adjourns to Jan 4 application to allow withdrawal from PMC Bank f
Updated : 5 years, 6 months ago IST
New Delhi [India], December 1 (ANI): The Delhi High Court on Tuesday adjourned to January 4 an application seeking directions to include all financial emergencies arising out of the necessity from education, marriage and other genuine financial needs as grounds for depositors to withdraw the
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Lakshmi Vilas Bank has enough liquidity to pay its depositors: RBI-appoint
Updated : 5 years, 6 months ago IST
New Delhi [India], November 18 (ANI): Trying to allay fears of Lakshmi Vilas Bank's (LVB) customers Reserve Bank of India (RBI) appointed administrator for Lakshmi Vilas Bank (LVB), TN Manoharan on Wednesday said he was confident about the timely merger of the bank with DBS Bank of India
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Delhi HC adjourns to Dec 1 application to allow withdrawal from PMC Bank f
Updated : 5 years, 6 months ago IST
New Delhi [India], November 10 (ANI): The Delhi High Court on Tuesday adjourned to December 1 hearing on an application to include all financial emergencies arising out of the necessity from education, marriage, and other genuine financial needs as grounds for depositors to withdraw their mo
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Application in Delhi HC seeks to allow withdrawal from PMC Bank for emerge
Updated : 5 years, 6 months ago IST
New Delhi [India], November 7 (ANI): Submitting that people are heavily dependent upon their deposited money in the light of COVID-19 battered economy, an application was moved on Saturday in the Delhi High Court seeking directions to include all financial emergencies arising out of the nece
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LS passes bill to amend Banking Regulation Act, Sitharaman says legislatio
Updated : 5 years, 8 months ago IST
New Delhi [India], September 16 (ANI): Lok Sabha on Wednesday passed a bill that seeks to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the necessity o
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Ranvir Shorey alleges inaction in PMC bank scam, says 'over 9 lakhs destr
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): On the issue of Punjab and Maharashtra Cooperative (PMC) Bank scam, Bollywood actor Ranvir Shorey on Friday expressed concern over the depositors whose hard-earned money and life savings are stuck and alleged inaction by the authorities.
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Delhi chit fund group dupes hundreds of investors, escapes with money
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 21 (ANI): The Delhi Police have lodged an FIR against a couple from Govindpuri and their associates, who were running a chit-fund group. According to the police, the accused collected money from a large number of investors and escaped. The depositors also lodged an FIR
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Delhi HC notice to PMC Bank, others on plea for withdrawal of depositors'
Updated : 5 years, 10 months ago IST
New Delhi [India], July 21 (ANI): The Delhi High Court on Tuesday issued a notice to Punjab and Maharashtra Co-operative Bank on a plea seeking directions to the bank to decide on the request application of the depositors for withdrawal of their hard-earned money.
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President Kovind promulgates Banking Regulation (Amendment) Ordinance, 202
Updated : 5 years, 11 months ago IST
New Delhi [India], June 27 (ANI): In order to ensure the safety of depositors across banks, President Ram Nath Kovind promulgated the Banking Regulation (Amendment) Ordinance, 2020.
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Delhi HC directs RBI, PMC Bank to consider needs of depositors
Updated : 6 years ago IST
New Delhi [India], May 29 (ANI): Delhi High Court has directed the Reserve Bank of India (RBI), Punjab Maharashtra Cooperative Bank, and other respondents to consider the needs of the depositors during the coronavirus-induced lockdown.
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