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Banking sector

News Reports

RBI publishes scheme of reconstruction draft for Yes Bank, State Bank of India to pick up 49% stack at ₹10 per share

OpIndia Staff -
After placing Yes Bank under moratorium, RBI has published the draft for scheme of reconstruction for the bank
News Reports

RBI takes over management of Yes Bank and imposes restrictions on withdrawals: All you need to know about the latest crisis in banking sector

OpIndia Staff -
RBI imposes moratorium on Yes Bank for a month, caps withdrawals at ₹50,000 and suspends board
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.
Politics

Lanco debacle : A perfect example of the banking sector mess Congress created

Jain Amitanshu -
Example of what the Narendra Modi led NDA government inherited. Example of what the Modi government cleaned up.
Economy and Finance

Facts, No Fiction: There’s a new sheriff in RBI

Karan -
The man who steered the economy through Demonetization, Shaktikanta Das, has been put in charge of the RBI by the Modi government
Crime

Fake banking apps targeting victims in India, says cyber security company

OpIndia Staff -
Fake banking apps are available on Play Store
Editor's picks

As ArcelorMittal gears up to clear Rs. 7,500 crores due to SBI, Modi’s IBC sends a clear message: Pay up or shut shop

Abhishek Banerjee -
Modi sarkar is moving the country from crony capitalism to a rule-based regime, the foundation of any first world country
Economy and Finance

Modi’s IBC is making defaulters pay back Rs 1.1 lakh crore and Congress is bound to be unhappy

Abhishek Banerjee -
In recent weeks, we have seen one naamdar and his numerous minions in the ecosystem making all sorts of allegations
Economy and Finance

All you need to know about what the Modi govt is doing to solve the NPA mess

Ujjwal Virendra Deepak -
We just need to bear with the temporary inconvenience for a better tomorrow!
Opinions

Why Modi government deserves huge applause for the Insolvency and Bankruptcy code

Shashank Goyal -
"A tough bankruptcy code, chastened banks and probity in Delhi have dealt a blow to cronyism"
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