WebMar 26, 2024 · The RBI had put PMC Bank under all-inclusive directions under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, on September 23, 2024, to protect depositors ... WebNov 29, 2024 · This news comes in light of the recent exclusion of PMC Bank including five other banks from the list prepared by the DICGC as they are either in the merging process or out of the moratorium. Besides PMC Bank, the other five banks are Hindu Co-Operative Bank Limited, Rupee Co-Operative Bank Limited, Needs of Life Co-Operative Bank Limited, and …
PMC Bank branches to operate as Unity SFB branches from Tuesday: RBI …
WebThe latest update on PMC Bank Scam suggests that RBI has increased the withdrawal limit from Rs. 40,000 to Rs. 50,000 after investigating the liquidity posit... WebAug 9, 2024 · Punjab and Maharashtra Cooperative Bank. Depositors of Punjab and Maharashtra Cooperative (PMC) Bank, Guru Raghavendra Cooperative Bank that are under stress will benefit from the changes in the Deposit Insurance Credit Guarantee Corporation Act, and will be eligible to withdraw up to Rs 5 lakh within 90 days, said Finance Minister … how do i turn off avg firewall
Shaktikant Das:भारत की बैंकिंग और वित्तीय प्रणाली पर वैश्विक …
WebDec 7, 2024 · RBI MPC Meet LIVE Updates: India’s central bank Reserve Bank of India’s Monetary Policy Committee met today to finalise a report for the government on why it failed to keep retail inflation below the target for three consecutive quarters, as per reports.The report will be presented to the government as per the Reserve Bank of India ActThe RBI … WebPMC Bank depositors stage protest at RBI's Delhi office, threaten to go on hunger strike after 2 March if money not returned. PMC Bank has been put under restrictions by the RBI after an alleged fraud came to light following which the deposit withdrawal was initially capped at Rs 1,000, causing panic and distress among depositors. Business. WebApr 13, 2024 · The Tata group IT major on April 12 reported a five per cent sequential increase in net profit to Rs 11,392 crore for the quarter ended March 2024. Its revenue grew 1.6 per cent to Rs 59,162 crore. Infosys: After TCS, all eyes will be on Infosys today as the Salil Parekh-led company is slated to release its Q4 earnings later in the day. how do i turn off avast