Nagar Urban Co-operative Bank Ahmednagar put under RBI 'directions'

Dec 06, 2022

Deposit withdrawal will be restricted to Rs 10,000 per depositor during the entire six months that the Bank will be under directions, with effect...

RBI imposes monetary penalty on Bettiah-based Cooperative Bank

Jul 11, 2022

Mumbai (Maharashtra) [India], July 11 : The Reserve Bank of India (RBI) on Monday said it has imposed Rs 2 lakh monetary penalty on...

Government actively considering raising deposit insurance limit beyond Rs 5 lakh

Feb 17, 2025

Deposit insurance, as we know it today, was introduced in India in 1962. India was the second country in the world to introduce such...

Mumbai: RBI imposes restrictions on New India Co-operative Bank, freezes withdrawals to protect depositors

Feb 14, 2025

According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings...

Bank deposit insurance cover increased to Rs 5 lakh, refund within 90 days: Piyush Goyal

Dec 12, 2021

Pune (Maharashtra) [India], December 12 : Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the Central government has increased the...

Global Forum 2021, from Surviving to thriving: Post Covid

Oct 21, 2021

New Delhi, [India], October 21,(ANI/SRVMedia): Global Triumph Foundation & Image Planet organized the Global Forum 2021 virtually on the 16th of October 2021. Global...