The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on Gujarat-based Panchsheel Mercantile Co-operative Bank in Surat for non-compliance with the directions issued by it on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operativ
The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative Bank Limited in Patan, for non-compliance with the directions issued by the central bank on 'Placement of Deposits with Other Banks by Prim
Pune (Maharashtra) [India], December 26: Fixed Deposits (FDs) have been a popular investment option in India for decades, owing to their safety, reliability, and guaranteed returns. They are popular among risk-averse investors who prefer stable and fixed returns. In recent years, the financi
"Based on searches conducted on the properties of Prashanta Kumar Gantayat, he was found to be in possession of disproportionate assets, including two multi-story buildings in Bhubaneswar, two flats, five plots, including three in Bhubaneswar, deposits of approximately Rs. 1.48 crore, gold w
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.
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
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.
Pune (Maharashtra) [India], November 25: Finding a secure and lucrative option for your hard-earned money is paramount. What better way to save and grow your wealth than high interest FDs?
Mumbai (Maharashtra) [India], November 21: Bitget, a leading global cryptocurrency exchange and web3 company, is thrilled to announce the listing of Pyth Network (PYTH) on its platform. PYTH, a robust decentralized network providing real-world market data, plays a pivotal role in the broader
New Delhi [India], November 16: YLB, The National Strategic Public Company for Bolivian Lithium Deposits, and Altmin Private Limited, a Hyderabad based Battery active materials manufacturing company, have officially signed a strategic agreement to advance partnership for Lithium, C-LFP techn
Pune (Maharashtra) [India], November 9: Diwali is not just about sweets and lights; it is also the perfect time to make your money work for you. For both the young and the elderly, Fixed Deposits (FDs) are a great way to grow your wealth while keeping your money safe. In this article, we wil
Pune (Maharashtra) [India], November 7: As the festival of lights, Diwali, illuminates our homes and hearts, it also brings with it an auspicious tradition of making wise investments. This Diwali, let us explore a promising investment option that not only assures safety but also offers attra