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PSBs may be allowed to transfer unclaimed shares to IEPF

The finance ministry is considering amending the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which governs public-sector banks (PSBs), to make suitable provisions for......

Over Rs 20,000 crore lying unclaimed with LIC

The amount of money lying unclaimed with the Life Insurance Corporation of India dwarfs the budgets of many ministries. Photograph: Anushree Fadnavis/Reuters There was Rs 21,539.5 crore which lay......

Rs 200,00,00,00,000 unclaimed in stocks

The value of unclaimed securities and other assets was nearly Rs 20,000 crore (Rs 200 billion) in March 2020.It could be just the tip of a capital market iceberg. Illustration: Dominic......

Noose tightens around ponzi scheme operators

The move is aimed at protecting investors from parking their money in dubious schemes.Shrimi Choudhary reports.Illustration: Uttam Ghosh/Rediff.com If you have invested in any deposit scheme,......

Protect your investments. Here's how!

Anything done without proper planning will turn out to be a dud! This holds good for almost everything in life, from marriages to managing finances to running businesses. Today, one of the most......

Top Coverage News


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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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