Dormant Accounts

A group of Bitcoin whale accounts, that were inactive since December 2018, suddenly woke up and bought thousands of Bitcoins over the weekend. According to BitInfoCharts, a website that labels Bitcoin addresses owned by cryptocurrency exchanges, the Whale addresses ranked 89 through 106, except the rank number 90.

A Bitcoin account dormant for about nine years has now been activated. Worth $12,778 (Rs 9.3 lakh) when it went dormant in 2012, the 900 BTC it holds are now valued at $33 million (roughly Rs. 242 crore).

Blevin's Twitch account had been dormant after he announced earlier this month that he was leaving Twitch for Microsoft's rival streaming platform, Mixer.

Exploiting a decade-old flaw, hackers are taking control of dormant Twitter accounts to spread Islamic State (IS) propaganda, a media report said.

A whopping Rs 1,00,10,000 (one crore ten thousand) were deposited in a dormant account of a labourer at Khidiya branch of Bank of India in Hoshangabad district of Madhya Pradesh after demonetisation.

A whopping Rs 1,00,10,000 (one crore ten thousand) were deposited in a dormant account of a labourer at Khidiya branch of Bank of India in Hoshangabad district of Madhya Pradesh after demonetisation.

The Reserve Bank imposed certain restrictions on withdrawal if more than Rs 2 lakh has been deposited after November 9 in an account which has a balance of over Rs 5 lakh.

Due diligence would mean ensuring genuineness of thetransaction, verification of the signature and identity

The hitherto dormant Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts in nationalised banks have now sprung to life and are flush with cash in several parts of Odisha, thanks to demonetisation drive.

If you are a salaried person who switched jobs or left the typical 9-to-5 job to start something of your own, chances are good that you might have missed to transfer or withdraw your provident fund money.

Duplication of accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) is on the rise while 28 per cent of accounts are lying dormant, says a survey by financial inclusion consulting firm MicroSave.

The Employee Provident Fund Organization may start paying interest on the unclaimed money lying idle in the dormant accounts from April 1, The Times of India newspaper reported.

At least four Indians figured in the list of unclaimed bank accounts made public by Switzerland today, which contains over 2,600 accounts and 80 safe deposit boxes.

Having started making public the names of Indians and other foreigners with bank accounts that are under scanner, Switzerland will now publish in December a list of accounts that have remained unclaimed for 60 years.

The Revenue Department on Sunday notified new ITR or income tax return forms, with details of foreign trips and dormant bank accounts not required to be disclosed, Press Trust of India reported.

A group of Bitcoin whale accounts, that were inactive since December 2018, suddenly woke up and bought thousands of Bitcoins over the weekend. According to BitInfoCharts, a website that labels Bitcoin addresses owned by cryptocurrency exchanges, the Whale addresses ranked 89 through 106, except the rank number 90.

A Bitcoin account dormant for about nine years has now been activated. Worth $12,778 (Rs 9.3 lakh) when it went dormant in 2012, the 900 BTC it holds are now valued at $33 million (roughly Rs. 242 crore).

Blevin's Twitch account had been dormant after he announced earlier this month that he was leaving Twitch for Microsoft's rival streaming platform, Mixer.

Exploiting a decade-old flaw, hackers are taking control of dormant Twitter accounts to spread Islamic State (IS) propaganda, a media report said.

A whopping Rs 1,00,10,000 (one crore ten thousand) were deposited in a dormant account of a labourer at Khidiya branch of Bank of India in Hoshangabad district of Madhya Pradesh after demonetisation.

A whopping Rs 1,00,10,000 (one crore ten thousand) were deposited in a dormant account of a labourer at Khidiya branch of Bank of India in Hoshangabad district of Madhya Pradesh after demonetisation.

The Reserve Bank imposed certain restrictions on withdrawal if more than Rs 2 lakh has been deposited after November 9 in an account which has a balance of over Rs 5 lakh.

Due diligence would mean ensuring genuineness of thetransaction, verification of the signature and identity

The hitherto dormant Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts in nationalised banks have now sprung to life and are flush with cash in several parts of Odisha, thanks to demonetisation drive.

If you are a salaried person who switched jobs or left the typical 9-to-5 job to start something of your own, chances are good that you might have missed to transfer or withdraw your provident fund money.

Duplication of accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) is on the rise while 28 per cent of accounts are lying dormant, says a survey by financial inclusion consulting firm MicroSave.

The Employee Provident Fund Organization may start paying interest on the unclaimed money lying idle in the dormant accounts from April 1, The Times of India newspaper reported.

At least four Indians figured in the list of unclaimed bank accounts made public by Switzerland today, which contains over 2,600 accounts and 80 safe deposit boxes.

Having started making public the names of Indians and other foreigners with bank accounts that are under scanner, Switzerland will now publish in December a list of accounts that have remained unclaimed for 60 years.

The Revenue Department on Sunday notified new ITR or income tax return forms, with details of foreign trips and dormant bank accounts not required to be disclosed, Press Trust of India reported.