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Tag Archives: deposit

Parliament passes bill to ban unregulated deposit schemes

The Lok Sabha has already passed the bill.The bill seeks to provide for a comprehensive mechanism to ban the unregulated deposit schemes other than deposits taken in the ordinary course of businesses and to protect the interest of depositors.Responding to the debate on the bill, Minister of State for Finance Anurag Thakur said the bill after becoming an act will ... Read More »

Bajaj Finance launches five digitally-enabled Fixed Deposit service branches in Pune

Bajaj Finance has launched five digitally-enabled Fixed Deposit service branches in Camp, Nalstop, Fatima Nagar, Pimpri and Aundh area of Pune. The Company plans to open 40-50 branches across the country over the next 12-24 months. These branches are equipped with digital counters, Alexa Kiosks and Wi-fi enabled tabs which will enable the customer to transact, invest and get more ... Read More »

Cabinet okays amendment in ‘Banning of Unregulated Deposit Schemes Bill, 2018’

The Cabinet Committee on Economic Affairs gave approval to the Proposal of the Ministry of Information and Broadcasting regarding Prasar Bharati’s “Broadcasting Infrastructure and Network Development” scheme at a cost of Rs.1054.52 crore for 3 years from 2017-18 to 2019-20.  CABINET APPROVES AMENDMENT TO THE CINEMATOGRAPH ACT, 1952 The Cabinet also approved amendment to the Cinematograph Act, 1952 to tackle ... Read More »