Sunday, November 24, 2024

TOPIC

Bank

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
Government and Policy

Nirmala Sitharaman announces PSU bank reforms, mergers brings down their number to 12 from 27 in 2017

OpIndia Staff -
Union Finance Minister Nirmala Sitharaman briefed the media on Friday, announced the merger of many PSU banks.
News Reports

Former RBI governor Urjit Patel says before 2014, RBI and government was slow in tackling bank crisis

OpIndia Staff -
Urjit Patel held dilatory tactics adopted by the regulator, government and the banks till 2014 responsible for the looming NPA crisis
Politics

Congress makes BPL voters in Madhya Pradesh to fill fake NYAY forms, Aadhaar and other crucial details obtained

OpIndia Staff -
Earlier, Rajasthan Congress leader had allegedly printed and distributed fake NYAY forms in Kota, Rajasthan, another Congress-ruled state
Economy and Finance

Insolvency and Bankruptcy Code Impact : Another Industrialist finds the money to clear dues

OpIndia Staff -
Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.
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