TOPIC

RBI

News Reports

HDFC Bank issues clarification with regards to rumours about the ‘Deposit Insurance Cover’

OpIndia Staff -
Issuing a statement, HDFC bank clarified that the information about the 'deposit insurance cover' was not new and had been inserted as per a June 22, 2017 RBI circular
News Reports

PMC bank fraud: Mumbai police arrests suspended PMC Bank Managing director Joy Thomas, HDIL officials sent to police custody

OpIndia Staff -
The RBI has already dismissed the board of governors of PMC bank and has appointed an administrator
News Reports

PMC Bank fraud: Mumbai police file FIR against HDIL and bank officials, SIT formed to probe the case

OpIndia Staff -
The Economic Offences Wing of the Mumbai Police has filed FIR in the PMC bank fraud case
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

PMC Bank gave 96.5 crores personal loan to builder after his company had defaulted on 2500 crores loan: Report

OpIndia Staff -
PMC Bank had total lendings at around 8300 crores and exposure to HDIL alone is reportedly at 31%.
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
News Reports

No, Rahul Gandhi, the govt is not ‘stealing RBI money’: Here are the facts

OpIndia Staff -
The RBI act, 1934, mandates the central bank to transfer surplus amount it profited to the centre
News Reports

RBI to transfer surplus of Rs 1.76 lakh crore to the government as per Bimal Jalan Committee recommendation

OpIndia Staff -
RBI found that it has more capital than required, and decided to transfer the excess amount to the government
Economy and Finance

The skewed analysis must stop: We need to stop looking at just the repo rates and talk about real rates instead

Karan -
A recent article by a commentator in Hindustan Times mentions that the MPC had little ability to stimulate growth
1...789...14Page 8 of 14

Latest News

Recently Popular