Search result for 'unclaimed amounts'

Sebi proposes standardizing rules for unclaimed amounts in non-convertible securities. Transfer after 7 years from maturity.

RBI launches incentive scheme for banks to reduce unclaimed deposits. Banks get payouts for reactivating inoperative accounts. Learn more!

India aims to lower its debt-to-GDP ratio to 50% by 2031. The government's strategy focuses on fiscal deficit reduction and increased capital expenditure. Learn more about the plan and its impact.

Finance Minister Nirmala Sitharaman pushes for faster refunds of unclaimed deposits and streamlined KYC processes. Regulators urged to expedite claims and improve digital onboarding.

Finance Minister Sitharaman clarifies that the rupee value is market-determined, rejecting claims of devaluation. She highlights factors influencing the exchange rate, including the Dollar Index,...

Sebi introduces new procedures for investors to claim unclaimed funds in REITs, InvITs, and debt securities. The new framework aims to streamline the process for investor convenience, effective...