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banks
Brazil: Woman brings dead body of her uncle to bank and tries to make the corpse sign off on a loan
The woman in Brazil tried to control the dead man's head and make him clasp the pen with which to make the signature on loan document.
RBI asks all agency banks dealing with govt transactions to remain open on 31 March Sunday on the union govt’s request
The Reserve Bank of India on 20 March advised all banks dealing with government transactions to open their branches on 31st March, Sunday.
JP Morgan includes India in its global bond index, ‘FAR’ programme of the Modi govt facilitated the inclusion
Following the announcement of JP Morgan, it is now expected that India will be included in the global bond index of other banks as well.
Loan documents must be released within 30 days of full repayment, ₹5,000 penalty per day for delay: RBI announces major benefit for borrowers
RBI stated that banks and NBFCs have to release documents of properties and collateral mandatorily within 30 days.
Uday Kotak resigns as CEO and Managing Director of Kotak Mahindra Bank
As an interim measure, Dipak Gupta, the joint managing director, will assume the roles of MD and CEO until December 31, after obtaining the approval of the RBI and the bank's members.
RBI Unveils UDGAM Portal to resolve the issue of unclaimed bank deposits, read how such deposits can be traced easily
Anyone can access the UDGAM portal to search for bank details, it only needs a phone number and some basic details like PAN, AADHAAR etc
“Startups should opt Indian banks as their preferred partners”: Union minister Rajeev Chandrasekhar amid crisis in foreign banks
ANI -
Union minister Rajeev Chandrasekhar has said that startups should opt Indian banks as their preferred partners
‘Those who invested in failed Silicon Valley Bank and Signature Bank won’t be protected. They knowingly took the risk’: US President Joe Biden
"They knowingly took a risk and when the risk didn’t pay off, investors lose their money. That’s how capitalism works,” said Joe Biden.
China: Video of tanks on the streets go viral amid protests by people demanding their money blocked in a massive bank scam
While thousands of people are protesting in China demanding their deposits blocked by banks, tanks appeared on the streets
Alt News’ Md Zubair had transactions of Rs 50 lakh in the past three months, had promoted fundraiser for pro-Rohingya outfit in April 2022
Following arrest of Alt News co-founder Mohammed Zubair, Delhi Police said that his bank account had over Rs 50 lakh transactions in the last few days
