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3 mins read
With Kapil Wadhawan’s arrest, the family is now accused of scams worth over a billion dollars
But this isn’t the first case to blow the Wadhawan, who were once the limelight of all the glitt…
1 min read
RBI doubles withdrawal limit to Rs 1 lakh for PMC Bank depositors
"Further, on a review of the bank's liquidity position, its ability to pay the depositors and with…
PTI
2 mins read
Business highlights
New Delhi, Dec 27 () Following are the top business stories at 1825 hours:
DCM3 BIZ-YEAR-INFLA…
PTI
1 min read
Slowdown or not, these India’s banks and shadow banks are in trouble
Those who choose not to remember 2019 as a year of slowdown can remember it as a year of banking fa…
2 mins read
President promulgates ordinance to bring co-operative banks under RBI supervision
"The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme …
PTI
1 min read
Deposit Insurance Corporation sees Rs 14,100-cr claims amid PMC crisis
Mumbai, Dec 29 () The Deposit Insurance and Credit Guarantee Corporation has received a total claim…
PTI
2 mins read
Bill to give more powers to RBI to regulate cooperative banks introduced in LS
It also proposed to bring cooperative banks on par with developments in the banking sector through …
PTI
2 mins read
RBI should be given full power to regulate co-op banks: Marathe
New Delhi, Nov 17 () RBI Central Board Director Satish Marathe has asked the government to give ful…
PTI
2 mins read
Scam-hit PMC bank depositors are inspired by Shaheen Bhag protests
Scam-hit PMC Bank's depositors from Delhi staged a protest outside the Reserve bank of India here o…
PTI
2 mins read
A 51-year-old PMC Bank depositor who has ₹90 lakh with the bank dies of heart attack
Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city cour…
PTI
4 mins read
Here's why former RBI governor Rajan and former deputy Acharya believe the plan to allow corporations to own banks is a 'bad idea'
Their direct access into the financial veins of the system would only increase the concentrati…
3 mins read
Yes Bank continues to roil other private lenders, IndusInd latest
The panic comes as the Yes Bank crisis happened within six months of one of the largest cooperativ…
PTI
3 mins read
Maharashtra Co-op Bank pitches for branch merger of PMC Bank
Mumbai, Feb 4 () Maharashtra State Co-operative (MSC) Bank has written to Union Finance Minister Ni…
PTI
3 mins read
Assurances aside, Yes Bank customers queue up outside branches
"Our salary gets credited on 21st of every month. I am a little worried about my upcoming salary as…
PTI
4 mins read
What bothers Yes Bank does not bother its bigger peers as much
There has been a lot of fear around the health of Indian banks, including the large ones, for a whi…
1 min read
This is how the Market's been doing
Both the Nifty and the Sensex gave up their early morning gains as traders remained fence sitters n…
1 min read
Nifty and the Sensex came back strongly in late morning trade
BENCHMARK INDEX FUTURES CNXIT Futures added 66 points at 11484. TOP PRICE GAINERS Reliance Infra Ad…
1 min read
Indian stock market in complete red since Brexit decision. Not a single gainer on the charts
Here is a snapshot of the futures market on the National Stock Exchange: The British Pound fell 10 …
1 min read
Equities enjoyed nice bounce at the start of play at Dalal Street today
BENCHMARK FUTURES Bank Nifty futures leapt 3.4% to 17,534 points CNX IT futures rose 0.8% to 11,697…
1 min read
Here's the simplest explanation to what's been happening at the Markets today
Major indices and derivatives managed to shake off the bears
on Thursday after 4 days of relentless…