ED raids Sallarpuria Sattva Group under Prevention of Money Laundering Act, freezes assets

Nov 09, 2022

Directorate of Enforcement (ED) conducted searches under the Prevention of Money Laundering Act (PMLA), 2002 on the Sallarpuria Sattva Group and froze assets in...

India, Bangladesh agree to settle bilateral trade transactions in rupee, taka: Report

Apr 20, 2023

In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The...

SEBI orders defreezing of bank accounts of former Yes Bank CEO Rana Kapoor

Aug 25, 2021

New Delhi [India], August 25 : Securities and Exchange Board of India (SEBI) on Wednesday directed the defreezing of attached bank accounts/lockers/demat accounts and...

"No level playing field for polls" alleges Mallikarjun Kharge, blames BJP for 'frozen banks accounts'

Mar 21, 2024

Congress President Mallikarjun Kharge trained guns on the ruling Bharatiya Janata Party over the "freezing" of its bank accounts and said that the BJP...

RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

Jan 02, 2024

The central bank called for steps to trace the customers of inoperative accounts or unclaimed deposits including their nominees or legal heirs for re-activation...

China scrambles to defuse anger over frozen bank accounts

Jul 18, 2022

Hong Kong, July 18 : To address rising public anger over frozen deposits at some rural banks in the country, the Chinese bank regulator...