Wednesday, May 1, 2013

Legislation to safeguard non-bank depositors

.............However, a coordination committee meeting, attended by development commissioner, crime branch ADG, finance department, RBI and SEBI officials to discuss measures to curb the menace of chit fund companies, did not discuss much on the state's action plan in connection with Saradha Group's alleged embezzlement of public deposits in Balasore and Puri districts. "The crime branch would speak to the West Bengal police and see what best can be done," an official said...............

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