Tag Archives: deposit

In a crucial development for the revival of the cash-strapped Jet Airways, the Supreme Court has issued a directive to the Jalan-Kalrock consortium, the new owners, to deposit ₹150 crore in the State Bank of India's escrow account by January 31. The court emphasized that failure to comply with this deadline would indicate a breach of the terms outlined in the resolution plan for the airline's revival.

-commerce giant Amazon has announced that it will discontinue the acceptance of Rs. 2,000 banknotes for cash on delivery (COD) services starting September 19, 2023. This move comes as the deadline for exchanging or depositing Rs. 2,000 notes approaches its end.