The banning of Unregulated Deposit Schemes Bill, 2019 will replace an ordinance promulgated by the government in February this year.
10 Jul 2019 8:38 PM
Ordinance also provides for severe punishment ranging from 1 year to 10 years and pecuniary fines ranging from Rs 2 lakh to Rs 50 crore,
24 Feb 2019 1:12 PM
Of the USD 1.7 billion, USD 950 million constituted thefts from cryptocurrency exchanges and infrastructure services.
30 Jan 2019 12:06 PM
The bill is aimed at tackling the menace of illicit deposit-taking activities across the country.
10 Aug 2018 9:04 AM
New rules aim to completely ban unregulated deposit-taking.
21 Feb 2018 1:30 AM
The Indian Govt has issued repeated warnings against digital currency investments, saying these were like 'Ponzi schemes'.
20 Jan 2018 11:30 AM
Right from Amitabh Bachchan to Paris Hilton, the crypto-currency fever has spread like wildfire.
02 Jan 2018 12:04 AM
It pointed out that people dealing in them must consider these facts and beware of the risks involved in dealing in virtual currencies.
30 Dec 2017 4:42 AM
Bitcoin has surged by more than 900 per cent in value in 2017, which has raised fears of a bubble around countries.
30 Dec 2017 1:08 AM
The RBI clarified that it has not given any licence to any entity to operate such schemes or deal with Bitcoin or any virtual currency.
29 Dec 2017 6:26 PM
The CBI submitted excerpts from the diary in the court of special CJM (CBI) on Nov. 18, 2016.
18 Sep 2017 3:51 AM
Meghwal said no money has been returned to investors in as many as 233 cases related to chit fund and ponzi schemes.
04 Aug 2017 4:42 PM
Maharashtra Protection of Interest of Depositors Act has ordered sale of assets of nine firms.
01 Jun 2017 11:53 AM