Indian jewellers could earn an additional 0.75%-1% commission under a revamped Gold Monetisation Scheme (GMS) proposed by the India Bullion...

Indian Union Home and Cooperation Minister, Amit Shah, has begun the process of returning crores of rupees to investors in the Sahara Group...

The Ministry of Finance has made the Aadhaar and PAN mandatory for making investments in PPF, NSC and other small savings schemes. This has...

“Unity SFB received from DICGC a certified list of erstwhile PMC Bank depositors who are eligible to receive up to Rs5 lakh of their deposi...

On January 25, the union finance ministry had approved the merger of PMC Bank with Unity SFB, protecting it from liquidation and bringing r...

Unity Small Finance Bank, which has taken over the failed cooperative lender PMC Bank, on Thursday said all small depositors with under Rs ...

"I am behind my officials and they are also trying and we would take SEBI permission, those who are small (depositors). We don't want to ca...

“While banks are yet to finalise the eligible account holders, initial estimates suggest the total amount to be around Rs 10,000 crore,” a ...

Finance Minister Nirmala Sitharaman, in her brief statement, said the legislation will benefit small depositors, including those of the Pun...

The Bill proposes that even if a bank is temporarily unable to fulfil its obligations due to restrictions such as moratorium, depositors ca...

The court was hearing an application by consumer rights activist Bejon Kumar Misra seeking directions to the RBI to consider other needs of...

The finance minister said that the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 would be amended to create such a p...

The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami dea...

CPI(M) today raised questions on Mamata Banerjee government's policy to pay back depositors hit by Saradha ponzi scheme.

Naveen Patnaik today wrote to the Union Home Minister seeking his intervention for an early Presidential assent for anti-chit fund Bill.

Sachin Pilot said this while responding to queries about steps being taken to help investors affected by the multi-crore Saradha chit fund ...

Distressed banks may now require to pay back the investors’ dues, at least a part of their money, without waiting for liquidation. Biz week...