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You Searched For "depositors accounts" and got 20 results


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2 mins read

"He collected our passbooks in September": Odisha postmaster allegedly siphons Rs 50 lakh from depositors

A postmaster in Odisha's Jajpur district has disappeared after allegedly stealing around Rs 50 lakh…

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DICGC introduces Daava Soochak for depositors to track claim status

Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …

PTI   


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3 mins read

Bill to provide up to four nominees to a bank account introduced in Lok Sabha

Another proposed change relates to redefining 'substantial interest' for directorships, which could…

PTI   


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1 min read

RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

The central bank called for steps to trace the customers of inoperative accounts or unclaimed depos…

ANI   


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1 min read

Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund

ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…

PTI   


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Silicon Valley Bank's new CEO urges depositors to bring back their money

Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…

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Savings of depositors safe, assures US government after two banks collapse

Silicon Valley Bank collapsed on Friday, while New York-based Signature Bank was closed by the stat…

ANI   


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RBI wants depositors to act on unclaimed deposits

Unclaimed funds at banks are piling up as depositors and their heirs haven’t been acting towards th…

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The rescue of SVB and Signature Bank depositors leaves the incentive for bank runs, Wharton finance professor says

"The contagion risk is that there is a run on other banks that are financed by a large fraction of …

Phil Rosen   


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1 min read

SC allows Centre's plea seeking ₹5,000 cr from SEBI-Sahara fund to repay depositors

The Supreme Court on Wednesday allowed a plea by the Centre seeking allocation of Rs 5,000 crore ou…

PTI   


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People are pouring cash into money market funds at the highest rate since the start of COVID as depositors flee banking turmoil

More than $120 billion in cash was pushed into money market funds with depositors looking for safet…

Carla Mozée   


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3 mins read

Warren Buffett's bank account, Charlie Munger's oil checks, and an Amazon bestseller: 6 nuggets from Berkshire Hathaway's annual meeting

Warren Buffett revealed he spotted red flags at First Republic, preferred owning banks to insurers,…

Theron Mohamed   


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Mark Mobius says he is 'very, very skeptical' of investing in bank stocks but keeps his cash in an account in Dubai

"You really don't know what's going on behind the scenes, as we've learned now with the situation i…

Filip De Mott   


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CDSL stock has skyrocketed 296% since March 2020 on surge in retail demat accounts

Shares of Central Depository Services (CDSL) have seen a four fold increase (296%) since March 2020…

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1 min read

Distressed PMC depositors hold protest at RBI

New Delhi, Nov 20 () Distressed depositors of scam-hit PMC Bank on Wednesday held a day long protec…

PTI   


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Biden says taxpayers won't bail out Silicon Valley Bank and the people responsible for its collapse will be held accountable: 'No one is above the law'

President Joe Bien said the bank's investors "knowingly took a risk" that didn't pay off and lost t…

Sindhu Sundar   


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Yes Bank withdrawal limit to be lifted in three working days

The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd,…

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1 min read

RBI doubles withdrawal limit to Rs 1 lakh for PMC Bank depositors

"Further, on a review of the bank's liquidity position, its ability to pay the depositors and with…

PTI   


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Scam-hit PMC bank depositors are inspired by Shaheen Bhag protests

Scam-hit PMC Bank's depositors from Delhi staged a protest outside the Reserve bank of India here o…

PTI   


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A Solana-based lending platform votes to take control over a whale account to mitigate risks

A Solana-based DeFi platform is exercising the power of decentralization to protect itself and its …