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Depositors News

18 Jul 2023

Amit Shah Launches 'CRCS-Sahara Refund Portal' To Help Crores Of Depositors

The portal is developed by a subsidiary of IFCI, for submission of legitimate claims by the depositors of these cooperative societies. Shah said there are two important requirements: Aadhaar registration with mobile and Aadhaar-linking with the bank account where refund is to be deposited.

Foreign Portfolio Investors

16 Jan 2022

FPIs invest Rs 3,117 crore in Indian markets in January so far

Depositories data showed that they pumped Rs 1,857 crore into equities and Rs 1,743 crore into hybrid instruments during January 1-14. For the debt segment, Srivastava said FPIs haven't been investing significantly in Indian debt markets for a long time now and that trend continues.

Nirmala Sitharaman

11 Oct 2019

Nirmala Sitharaman meets PMC Bank depositors, says action will be taken

Finance Minister Nirmala Sitharaman meets PMC Bank depositors and assured that action will be taken.

14 Dec 2017

FRDI contemplating increase in deposit insurance cover: Report

The report said that data on Cross Country Deposit insurance Coverage limit shows that Deposit insurance coverage in India is one of the lowest at Rs 1 lakh/USD 1508 /0.9 times India's per capita income.

07 Dec 2017

FRDI Bill depositor friendly, provides more protection: FinMin

The statement comes in the wake of "certain misgivings" that appeared in the media about 'bail-in' provisions of the Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill).

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