Bank Deposit

The Russian government announced on Wednesday that it has decided to simplify norms for Indian nationals wishing to open their bank accounts in Russian banks while staying in India.

The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.

Shiv Prasad Nishad, a daily wage labourer, is a troubled man nowadays. Someone appears to have deposited an unthinkable Rs 221 crore in his bank account and the Income Tax department wants to meet him.

The Enforcement Directorate on Saturday attached lands, a building and bank deposits worth more than Rs 73.43 lakh as part of a money laundering investigation against Uttar Pradesh gangster-politician Mukhtar Ansari.

In much to his shock and surprise, a pharmacy staff from Chennai received a message that Rs 753 crore had been deposited in his Kotak Mahindra Bank account, the official said on Sunday.

Newly constructed flats and a building complex in Varanasi and bank deposits worth about Rs 50 crore have been attached under the anti-benami properties law by the Income Tax department as part of its probe.

The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter.

The Reserve Bank on Thursday launched a centralised web portal UDGAM (Unclaimed Deposits - Gateway to Access information) to help people search and claim unclaimed deposits. The portal, launched by RBI Governor Shaktikanta Das, has been developed by the central bank to help the public to facilitate and make it easier for them to search their unclai...

A bank account analysis of arrested Tamil Nadu minister V Senthil Balaji and his wife shows they received "huge cash deposits", the Enforcement Directorate said Thursday

Several users posted screenshots of the amount deposited in their bank accounts by X and expressed their excitement and happiness.

As much as 88 per cent of the Rs 2,000 currency notes have either been deposited or exchanged at banks, and only Rs 42,000 crore worth of such notes are with public as on July 31, the Reserve Bank of India (RBI) said today.

Pakistan's state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key International Monetary Fund (IMF) board meeting to approve new funding.

As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.

Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.

Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.

The Russian government announced on Wednesday that it has decided to simplify norms for Indian nationals wishing to open their bank accounts in Russian banks while staying in India.

The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.

Shiv Prasad Nishad, a daily wage labourer, is a troubled man nowadays. Someone appears to have deposited an unthinkable Rs 221 crore in his bank account and the Income Tax department wants to meet him.

The Enforcement Directorate on Saturday attached lands, a building and bank deposits worth more than Rs 73.43 lakh as part of a money laundering investigation against Uttar Pradesh gangster-politician Mukhtar Ansari.

In much to his shock and surprise, a pharmacy staff from Chennai received a message that Rs 753 crore had been deposited in his Kotak Mahindra Bank account, the official said on Sunday.

Newly constructed flats and a building complex in Varanasi and bank deposits worth about Rs 50 crore have been attached under the anti-benami properties law by the Income Tax department as part of its probe.

The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter.

The Reserve Bank on Thursday launched a centralised web portal UDGAM (Unclaimed Deposits - Gateway to Access information) to help people search and claim unclaimed deposits. The portal, launched by RBI Governor Shaktikanta Das, has been developed by the central bank to help the public to facilitate and make it easier for them to search their unclai...

A bank account analysis of arrested Tamil Nadu minister V Senthil Balaji and his wife shows they received "huge cash deposits", the Enforcement Directorate said Thursday

Several users posted screenshots of the amount deposited in their bank accounts by X and expressed their excitement and happiness.

As much as 88 per cent of the Rs 2,000 currency notes have either been deposited or exchanged at banks, and only Rs 42,000 crore worth of such notes are with public as on July 31, the Reserve Bank of India (RBI) said today.

Pakistan's state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key International Monetary Fund (IMF) board meeting to approve new funding.

As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.

Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.

Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.