Sahara Refund Portal: More than Rs 1.12 lakh crore funds of around 13 crore investors are stuck in several Sahara India group companies, Union Minister of State for Finance Pankaj Chaudhary informed the Parliament earlier. With the Centre launching a refund portal for depositors of Sahara Group co-operative society, other investors are eagerly waiting to know when they will get their money back. Let s find out
The Centre has taken a significant step towards refunding approximately ₹5,000 crore to depositors whose funds are trapped in four cooperative societies of Sahara Group. To facilitate this transparent refund process, Cooperation Minister Amit Shah launched the CRCS-Sahara Refund Portal.
CRCS Sahara refund portal: Depositors can apply for refunds on the CRCS-Sahara Refund Portal, and the money will be deposited into their bank accounts within 45 days. The portal is expected to benefit approximately one crore depositors