RBI asks banks to return money in unclaimed deposit accounts to rightful owners within three months

Unclaimed deposits are balances in savings or current accounts that have not seen any activity for 10 years. STC NEWS MONITORING DESKSRINAGAR, SEPTEMBER 26 (STC): The Reserve Bank of India (RBI) has asked banks to step up efforts to return unclaimed deposits to rightful owners, nominees, or heirs over the next three months. The apex…

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LADAKH UNREST: Sonam Wangchuk’s NGO faces cancellation of FCRA certificate

STC NEWS MONITORING DESKNEW DELHI, SEPTEMBER 25 (STC): In the wake of an inquiry initiated by the Central Bureau of Investigation (CBI), the ministry of home affairs has cancelled the FCRA- Foreign Contribution (Regulation) Act certificate of Sonam Wangchuk-led Students’ Educational and Cultural Movement of Ladakh (SECMOL).A Times of India report quoting official findings states…

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Sonam Wangchuk faces CBI probe for alleged FCRA violation in HIAL

STC NEWS DESKNEW DELHI, SEPTEMBER 25 (STC): Himalayan Institute of Alternatives Ladakh (HIAL), an institution founded by Ladakh-based educationist and activist Sonam Wangchuk, is facing an inquiry from the Central Bureau of Investigation (CBI) into alleged violation of Foreign Contribution (Regulation) Act against, reveals official reports today.However, no FIR has been registered yet, reports said.Wangchuk…

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