China, world’s largest producer of gold, is buying millions of kilograms of precious yellow metal due to…
China is accumulating a massive gold reserve to insulate its economy from the fallout any future trade with the United States ...
FIR against New India Cooperative Bank GM in Rs 122 crore financial fraud
Two days after the Reserve Bank of India (RBI) imposed restrictions on the operations of New India Cooperative Bank, a First Information Report (FIR) has been registered at the Dadar Police Station in ...
Tax Guru6h
Interest for broken period on securities held as stock is allowable as deduction
Telangana High Court held that interest paid for broken period on securities held as stock-in-trade is allowable as deduction ...
Tax Guru9h
RBI Restricts New India Co-op Bank Operations
The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments ...
RBI freezes New India Cooperative Bank deposits after missing funds complaint; assures safety of deposits up to Rs 5 lakh
More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...