-
Money laundering by banks: ICICI Bank suspends 18 employees... 2013-03-16 04:25:23
Expose by Cobrapost.com has forced ICICI Bank and rivals HDFC Bank, Axis Bank to launch internal probes On Friday, ICICI Bank suspended 18 employees, a day after the lender and two of its peers were accused of indulging in money...
Keywords: money laundering by banks, bank, Indian banks, investment schemes
Read MoreNRIs Can Soon Be Able to Invest in Indian Government Securities 2019-04-05 05:15:25
The Reserve Bank of India, while announcing the first monetary policy for the financial year 2019-20, made its intentions clear to open up Indian government securities (G-Sec) market for Non-Resident Indians. That is to say, NRIs would soon be able...
Keywords: nri trading account, can pis account be opened with a joint holder, invest in G-sec, nri investment in india rules
Read MoreInterest rates on small savings are fixed: RBI 2012-01-23 05:24:40
“As per the rules of small savings schemes, the rate of interest on an investment made in all schemes, except PPF, 1968 on a particular date, remains unchanged for the entire duration of the investment, till maturity, irrespective of the...
Keywords: government securities, government securities, Reserve Bank of India, Reserve Bank of India
Read MoreIndia plans to cut down the China market from the country and here’s how: 2020-06-19 06:47:38
Government is taking a step to cutting down the market from China to a minimum by taking several decisions of investing in manufacturers in the country. It is no secret that China and India are in a war both literally...
Keywords: India boycotts China, Government restricts China, Government restricts China, India boycotts China
Read MoreSEBI moves against illegal collective investment schemes 2012-02-09 06:42:39
SEBI said it would share with the ministry of corporate affairs the names of the directors of the companies that have raised money from investors in violation of Collective Investment Scheme (CIS) Rules. Securities and Exchange Board of India (SEBI)...
Keywords: collective investment scheme, collective investment scheme, pre-specified purposes, SEBI
Read More