Sunday, May 5, 2024

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Bank

As PMC bank depositors wait a long fight to get their money bank, the scam raises several questions on bank regulation

80% of deposits of PMC bank are in FDs, so relaxing withdrawal limit does not help much

RBI relaxes withdrawal limit for PMC Bank account holders from Rs 1,000 to Rs 10,000 per account

The Reserve Bank of India had earlier enforced regulatory restrictions on the PMC bank limiting its customers from withdrawing not more than Rs 1000.

After RBI’s restrictions on PMC bank, customers file police complaint against bank officials

The Reserve Bank of India on Tuesday imposed restrictions on PMC Bank (Punjab and Maharashtra Cooperative Bank), a Mumbai based urban cooperative bank

RBI refutes rumours of closure of 9 commercial banks

RBI has issued a statement clarifying that the rumours of commercial banks closing down are false

RBI puts restrictions on Punjab and Maharashtra Cooperative Bank, account holders can’t withdraw more than Rs 1,000

Punjab and Maharashtra Cooperative Bank account holders can't withdraw more than ₹1000

Nirmala Sitharaman announces PSU bank reforms, mergers brings down their number to 12 from 27 in 2017

Union Finance Minister Nirmala Sitharaman briefed the media on Friday, announced the merger of many PSU banks.

Former RBI governor Urjit Patel says before 2014, RBI and government was slow in tackling bank crisis

Urjit Patel held dilatory tactics adopted by the regulator, government and the banks till 2014 responsible for the looming NPA crisis

Congress makes BPL voters in Madhya Pradesh to fill fake NYAY forms, Aadhaar and other crucial details obtained

Earlier, Rajasthan Congress leader had allegedly printed and distributed fake NYAY forms in Kota, Rajasthan, another Congress-ruled state

Insolvency and Bankruptcy Code Impact : Another Industrialist finds the money to clear dues

Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.

Punjab farmers face possibility of arrest as banks file criminal cases for defaulting on loans

Despite Rahul Gandhi's bravado, it appears that farmers are suffering immensely in Congress regimes.

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