Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.
The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.
You will need to do the KYC check again
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
The convertibility is RBI Governor's 'next big ambitious goal'.
Parth Gupta quit a good corporate job to work for the welfare of farmers in rural Madhya Pradesh.
Investors with stalled projects and mounting bad debt will refinance their loans.
2015 is set for a lot of changes - and some that we would like to happen