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ESCROW ACCOUNTS
Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
Trump: Iran has agreed to 'N' checks till infinity; no talks with IAEA, says TehranConflicting reports emerged Tuesday regarding Iran's nuclear program and asset unfreezing. President Trump claimed Iran agreed to extensive...
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
War puts brakes on UAE realty boom as Dubai projects face delaysThe current turmoil in West Asia is having a notable effect on the property market in the UAE. Developers are experiencing significant dela...
West Asia war pushes half of Dubai's 2026 property handovers to 2027The ongoing West Asia conflict is impacting property project completions in the UAE. Developers face delays of six to nine months. Construc...
Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
ED arrests 3 founders of Gameskraft in PMLA caseThe Enforcement Directorate has arrested three founders of the online gaming platform Gameskraft. The arrests are linked to an alleged frau...
ET Awards: Come to Andhra to witness first-hand how the reforms are working, Chandrababu Naidu saysAndhra Pradesh Chief Minister N Chandrababu Naidu urged the corporate sector to invest and provide feedback on state reforms, highlighting ...
US government stake in Intel has jumped 300% to $36 billionThat’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Exe...
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
MTNL fails to deposit interest on sovereign guarantee bonds in escrow accountAs per the structured payment mechanism of Tri-Partite Agreement (TPA) signed among MTNL, the Department of Telecommunications (DoT), Beaco...
SAT allows NSE to withdraw co-location revenue from escrow accountIn an order uploaded on its website on Friday, SAT has directed the closure of the escrow account and permitted the NSE to utilise the amou...
Magicbricks and Escrowffrr join hands to launch escrow account for resale dealsMagicbricks’ association with Escrowffr, supported by ICICI Bank, aims to create a secured ecosystem to benefit homebuyers. The escrow acco...
Noida asks Jaypee to open escrow accounts for Wish TownYEIDA assured them that he would ask the developer to open an escrow account, deposits from which will be used for completion of the long-d...
Builders can keep funds in separate account instead of escrow account: Will RERA prevent misuse?70 per cent of the amount realised from the buyers shall be deposited in a separate account and not an escrow account.
- RBI mulls ECB rules for escrow accounts
RBI says put option makes an investment debt so stricter ECB rules should apply.
- Foreign cos can open escrow accounts
RBI has allowed foreign cos to open escrow accounts in authorised banks for buying shares in Indian firms.