Mumbai: The New India Cooperative Bank Depositors' Foundation have urged Reserve Bank of India governor Sanjay Malhotra to rescue the affected persons from the dire situation they are in following ...
Reserve Bank of India (RBI) Governor Sanjay Malhotra urged urban cooperative banks (UCBs) to remain "mindful" of their responsibilities, especially given the "trust" placed in them by depositors. The ...
IndusInd Bank Customer Deposits Safe? Following the news of financial irregularities at IndusInd Bank, shareholders have incurred significant losses, and depositors are now facing growing concerns.
However, while investor anxiety may be understandable given the negative news flow, fears about depositors losing money are likely unwarranted. The RBI has a strong track record of protecting ...
After the crisis unfolded, the RBI restricted depositors for months to access their funds and deposits, including FD withdrawals, because of severe financial irregularities within the PMC Bank.
Tamil Nadu Chief Minister M.K. Stalin has inaugurated Chennai’s first wetland sponge park in an OSR land off Mount Poonamallee High Road, Porur. Officials said the wetland sponge park is the ...
Mumbai: IndusInd Bank shares were locked in a 20 per cent lower circuit on Tuesday, March 11, as the lender’s internal review projected an adverse impact of approximately 2.35 per cent on its net ...
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At the same time, public sector banks (PSBs) are also becoming more competitive, further intensifying the battle for depositors' funds. "One of the key challenges faced by banks is CASA accretion, ...
Gear-obsessed editors choose every product we review. We may earn commission if you buy from a link. Why Trust Us? The Paris Climate Accords in 2015 set an ambitious (and necessary) goal of ...
Featured pricing is subject to change. There’s truly nothing better than jumping into bed with a new pair of the best bed sheets (freshly cleaned, of course). It’s finding the right set for ...