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Cabinet Approves Ban Of Unregulated Deposit Schemes
On Wednesday, the Union Cabinet approved the Banning of Unregulated Deposit Schemes Bill 2019, which aims to prevent unregulated and fraudulent entities from collecting deposits from gullible individuals. If the bill becomes a law, those running illicit deposit schemes could face ...
Cabinet Approves Ban Of Unregulated Deposit Schemes
Deposits In Jan Dhan Bank Accounts Cross Rs 1 Lakh Crore
Five years ago, the Modi-government had launched Pradhan Mantri Jan Dhan Yojana, to make financial services affordable to everyone in India. As on 3 July, government data shows that deposits made in these bank accounts opened under the scheme have crossed ...
This Bank Deposit Offers Highest Return For 2-3 Years
It is highly anticipated given the global slowdown situation and Indian economy landscape that RBI is most likely to again cut rates by some points if not sharply. Also since the February rate cut, the deposit rates have not been ...
Savings Deposit Rate After New RBI Ruling By Different Banks
In a move that is likely to impact nearly all bank customers maintaining bank savings account, here's detailed the impact of RBI's advise asking banks to link loan and savings account interest with external benchmark from the new financial year i.e. ...
Savings Deposit Rate After New Rbi Ruling By Different Banks
Know The Limitations On Taking Loan From Relatives And Friends
The topic of discussion herein makes sense after the recent stir on a news piece that suggested that accepting personal loans would be banned under the banning of unregulated deposit schemes ordinance, 2019. And so, we will understand its likely implication ...
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