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78 Personal Deposit Accounts, With Unspent Balance Not Closed: CAG

The Karnataka government did not close the 78 personal deposit (PD) accounts with an unspent balance of Rs 4,105.61 crore by the end of last fiscal as mandated under the Karnataka Financial Code, the Comptroller and Auditor General (CAG) has said. ...

Kolkata: 17 Bank Accounts, Multi-Crore Deals Linked, To Absconding Businessman Surface

The Kolkata Police has found 17 more bank accounts linked to the businessman from whose Howrah-based flats it has seized crores of rupees, a senior official said on Tuesday. Police had recovered Rs 8 crore in cash and jewellery from the ...

Twitter Says, It Removes 1 Million Spam Accounts A Day

Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company's fake and bot accounts as it tussles with Elon Musk over "spam bots". ...

Why You Should Close Your Old Bank Account?

We open different accounts for availing better account features, cash management, salary credit and customer service. It is very common to have multiple bank accounts. There are chances that we tend to forget about some bank account only to realize that ...

Best NRE Fixed Deposit Accounts To Invest For NRIs

NRE or Non-Resident External deposit accounts is a facility for NRIs wherein NRIs can invest their foreign earnings in India to realize high returns as rupee deposits. Few of the key features that make it a lucrative option for NRIs are ...

RBI: Now, Customers Can Deposit More Than Rs 5000 In Old Notes

The Reserve Bank of India (RBI) amended its December 19 notification on Wednesday and exempted fully KYC-compliant accounts. Now more than one deposit, even if above Rs 5,000, can be made in KYC-compliant accounts till December 30. Its RBI's 60th notification ...

All you wanted to know about the Basic Savings Bank Deposit Account

The Basic Savings Bank Deposit Account (BSBDA) replaced No Frills Accounts that were hitherto allowed by banks. Banks have now converted the existing 'no-frills' accounts' into 'Basic Savings Bank Deposit Accounts'. These accounts shall not have the requirement of any ...