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  • November 27, 2014
  • Last updated: 7:31am
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Results 1 - 3 of 3 for bank deposits

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  1. News - Asia - INDIA

    India’s Sahara group boss Subrata Roy attacked with ink at court

    Posted Mar 04th 2014, 07:04pm by AFP

    ... in 2008 when it shut operations as India’s biggest non-bank deposit-taking firm on orders of the court, which was worried about whether the investments in which money was being parked were sound. ... the banking system and that it has never defaulted on them. Subrata Roy faces 'ink attack' outside SC, seeks more time to refund Sahara investors' money http://t.co/63Wqsg9L5k ...

  2. News - Asia - INDIA

    India to pay welfare directly to poor

    Posted Jan 02nd 2013, 10:29am by Associated Press in New Delhi

    ... recipients or register unqualified people. The programme inaugurated on Tuesday would see welfare money directly deposited into recipients’ bank accounts and require them to prove their identity ... through a complex programme in a country where millions don’t have access to electricity or paved roads, let alone neighbourhood banks. The programme is loosely based on Brazil’s widely praised ...

  3. News - Asia - INDIA

    Sahara India Pariwar's Subrata Roy surrenders over repayment of loans

    Posted Feb 28th 2014, 04:01pm by BLOOM

    ... yesterday, Roy cited the need to be at his ailing mother's bedside. Roy, who began operations in 1978 by going door to door to collect small cash deposits, is seeking to convince the top court ... The financier, who calls himself "Sahara Sri", is part of the US$670 billion shadow banking industry in Asia's third-largest economy. Roy earlier dismissed reports in newspapers that he ...



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