Fixed Deposit Receipts

Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three weeks.

National Stock Exchange (NSE) will allow market participants to transfer collaterals placed in the form of cash and fixed deposit receipts from securities lending and borrowing schemes (SLBs) to other segments and vice-versa on an intraday basis from September 19.

Strengthening its risk management mechanism, stock exchange NSE on Wednesday said its clearing corporation will not accept fixed deposit receipts (FDRs) from trading members as collateral that are issued by the participants directly or through associate entities.

Strengthening its risk management mechanism, markets regulator Sebi on Friday barred banks from using their own Fixed Deposit Receipts (FDRs) as collateral in their function as trading or clearing members of stock exchanges, directly or through associate entities.

Oriental Bank of Commerce Chairman SL Bansal told NDTV that a government department had remitted Rs 180 crore with the bank, but did not ask for a fixed deposit receipt (FDR) for 20 days. The branch manager allegedly told the depositor that he was negotiating the rate of interest with the top management, Mr Bansal added.

The Central Bureau of Investigation on Sunday evening stumbled upon over Rs.1 crore in cash, fixed deposit receipts worth several lakhs of rupees and scores of unused bullets from the bungalow of a serving woman Punjab Police officer and arrested her here, probe agency sources said.

Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three weeks.

National Stock Exchange (NSE) will allow market participants to transfer collaterals placed in the form of cash and fixed deposit receipts from securities lending and borrowing schemes (SLBs) to other segments and vice-versa on an intraday basis from September 19.

Strengthening its risk management mechanism, stock exchange NSE on Wednesday said its clearing corporation will not accept fixed deposit receipts (FDRs) from trading members as collateral that are issued by the participants directly or through associate entities.

Strengthening its risk management mechanism, markets regulator Sebi on Friday barred banks from using their own Fixed Deposit Receipts (FDRs) as collateral in their function as trading or clearing members of stock exchanges, directly or through associate entities.

Oriental Bank of Commerce Chairman SL Bansal told NDTV that a government department had remitted Rs 180 crore with the bank, but did not ask for a fixed deposit receipt (FDR) for 20 days. The branch manager allegedly told the depositor that he was negotiating the rate of interest with the top management, Mr Bansal added.

The Central Bureau of Investigation on Sunday evening stumbled upon over Rs.1 crore in cash, fixed deposit receipts worth several lakhs of rupees and scores of unused bullets from the bungalow of a serving woman Punjab Police officer and arrested her here, probe agency sources said.