Monday, January 24, 2022

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banks

Deposits in Jan Dhan Yojana bank accounts surpass the Rs 1.5 trillion mark, was at Rs 1 trillion in August 2019

Deposits in Jan Dhan accounts, which was introduced roughly seven and a half years ago, have surpassed Rs 1.5 lakh crore

Reserve Bank of India steps in, says RBL Bank health status ‘stable’ after shares tank 25% following central bank’s action over weekend

The unanticipated RBI action followed by the tanking of the share price of RBL Bank pushed the panic button amongst investors and customers of the private sector lender.

RBL Bank shares hit 52-week-low after RBI action: Here is what happened

The share price fell after a series of developments over the weekend where the Reserve Bank of India (RBI) sent a nominee to bank's board a day after the sudden departure of Vishwavir Ahuja as the bank's CEO.

Rakesh Tikait becomes professional aandolanjeevi, calls for a nationwide movement against privatisation of banks

After withdrawal of farm laws by the govt, Rakesh Tikait now announces protests against movement against privatisation of banks

Banks suffer due to bad loans, then economy suffers as banks lend less – Read how ‘Bad Bank’ will break this vicious cycle

NARCL is intended to resolve stressed loan assets above ₹500 crore each amounting to about ₹2 lakh crore in total

Capitol Hill riot fallout: Deutsche Bank and Signature Bank pulls back from doing business with Donald Trump

Deutsche Bank and Signature Bank have announced that they would not be doing business with Donald Trump and his company in the wake of riots at Capitol Hill

India Post Payments Bank launches digital payment service DakPay, here is a comprehensive guide on how to use it

DakPay app comes with a suite of digital financial and assisted banking services offered by India post and IPPB using the postal network

Gujarat: Illiterate Mewati gang loots over 20 lakhs from Canara Bank ATMs, Haneef and Osaf arrested

The gang used to target only the ATMs of the Canara Bank that are manufactured by the D-Bolt company.

Big relief by Modi govt for those who stopped paying EMIs during lockdown, no need to pay extra interest accumulated during this period

MSME, education, housing, vehicle, personal loans etc upto Rs 2 crore will attract only simple interest during the moratorium period

The perils of US hegemony, the petrodollar and the role India could play in the emergence of the New World Order

To achieve a more balanced world order, India undoubtedly needs to first grow militarily in view of the current geopolitical scenario which clearly indicates the possibility of global conflict is not too distant a future.

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