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News Reports

Taliban regime faces a financial crisis as they can’t access central bank funds and Afghanistan has run out of foreign exchange: Details

OpIndia Staff -
Almost all of Afghan central bank funds are in US and international bank accounts, and as a banned group the Taliban can't access it
News Reports

Watch: UP Security guard shoots man for not wearing a mask inside bank premises

Dibakar Dutta -
The victim, Rajesh Kumar, had sustained a gunshot wound to his thigh after he was shot by a security guard in Bareilly, UP.
News Reports

Surat: Cop who assaulted the female Canara bank employee suspended and arrested, employees thank Nirmala Sitharaman for prompt action

OpIndia Staff -
The investigation was initiated after Nirmala Sitharaman promised strict action against who assaulted Canara bank employee
News Reports

Bank employee assaulted in Surat: Finance Minister Nirmala Sitharaman promises strict action against culprits

OpIndia Staff -
FM Nirmala Sitharaman stated that she has spoken to concerned authorities in Surat and promised strict action against the culprits for assaulting a female bank employee.
News Reports

Nirmala Sitharaman schools Rahul Gandhi after he spreads misinformation again by terming ‘bad loan write off’ by banks as ‘loan waiver’

OpIndia Staff -
Nirmala Sitharaman asks Rahul Gandhi to consult Manmohan Singh to know the difference between loan write off and waiver
Opinions

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

Guest Author -
80% of deposits of PMC bank are in FDs, so relaxing withdrawal limit does not help much
Economy and Finance

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

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

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

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

RBI refutes rumours of closure of 9 commercial banks

OpIndia Staff -
RBI has issued a statement clarifying that the rumours of commercial banks closing down are false
Economy and Finance

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

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