Search Results for: Banking Regulation Act

Illegal fundraising, expensive lifestyle: Kerala's online charity workers under scanner for flouting laws

The Kerala police have not taken any action against the charity workers who are allegedly involved in violating the law of the land that includes FCRA. Scroll down to know more about Kerala's charity workers who allegedly misused treatment funds.

Dec 2, 2020

Banks disable password pasting in net banking; create more problems than solutions

Several banks disenable password pasting and password managers, which in fact, makes the users more vulnerable to cyber security breach.

Nov 30, 2020

Traders body demands ban on Amazon; fined for hiding country of origin on products

The trader's body said that the small monetary penalty had no significance at all and therefore, a seven-day ban should be imposed on Amazon and other big e-commerce companies, who are continuously offending the law and policies.

Nov 27, 2020

Lakshmi Vilas Bank, DBIL merger approved; no limits on withdrawal for depositors | Details

The Union Cabinet on Wednesday approved the amalgamation of the Karur based 94-year old Lakshmi Vilas Bank (LVB) with DBS Bank India, a subsidiary of DBS Bank, Singapore.

Nov 25, 2020

RBI's proposal to allow corporate houses into banking best left on shelf; ex-Guv Raghuram Rajan

Last week an RBI panel indicated that large companies could be allowed to open banks in India.

Nov 24, 2020

Lakshmi Vilas Bank depositors fret not; your money is safe

RBI has placed a moratorium on Lakshmi Vilas Bank (LVB), placing a Rs 25,000 withdrawal cap in a month. But this is no reason for you to panic or rush to the bank.

Nov 17, 2020

RBI puts Lakshmi Vilas Bank under moratorium; withdrawals capped at Rs 25,000 [details]

With the permission of RBI for medical treatment, fees for the payment of higher education, and marriage expenses, approval will be allowed to withdraw more money.

Nov 17, 2020

Anugrah Stock & Broking suspended for several violations; SEBI opens inquiry

The firm had also failed to deposit the sum of Rs 165 crore by August 31, 2020, as directed by SAT.

Nov 14, 2020

J&K CID raids 22 places in Kashmir, Jammu, Delhi; investigates financial irregularities

The raids led to the recovery of incriminating evidence which would be analyzed for further action and form useful pieces of evidence in the investigation.

Nov 14, 2020

Indian Economy has entered first-ever technical recession [what it means]

Indian Economy is going through its toughest phase as the GDP numbers are tumbling due to severe lockdown. Scroll down to know more.

Nov 12, 2020

Netflix, Amazon Prime and online news now under I&B ministry's regulation | Details inside

Streaming platforms such as Netflix, Amazon Prime Video, Hotstar will now be governed by the I&B Ministry headed by Prakash Javadekar.

Nov 11, 2020

Nifty, Sensex hit record highs as Biden win boosts IT stocks, Asian markets

Indian markets touched record highs on Monday as IT stocks gained after a report said that U.S. President-elect Joe Biden planned to ease policy on work visas, with his victory also boosting broader Asian markets and aiding domestic sentiment.

Nov 9, 2020

Fake call centre targeting foreigners busted in Delhi, 17 held

The Delhi police have busted a fake call centre in the Rajouri Garden area of the city and arrested 17 persons for allegedly duping foreigners on the pretext of providing them technical support, officials said on Friday.

Nov 6, 2020

Veteran Kannada actor Somanna passes away at 86; Sandalwood stars mourn loss

It was reported that while Somanna was on his way to a private hospital for regular treatment, he suffered a massive heart attack.

Nov 4, 2020

'Hey Jacks': Obama dials people to vote for Joe Biden, 8-month-old baby interrupts

In a recent video that went viral, the ex-US President can be seen talking to a voter 'Alyssa' and her baby in the 2-minute conversation in what was called 'phone banking'.

Nov 3, 2020

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