Banking

FM to ask RBI to ease withdrawal norms for PMC Bank depositors

Committee to consider legislative changes for regulating multi-state cooperative banks Finance Minister Nirmala ...

Banking wrap: How PMC Bank crisis unfolded; Lakshmi Vilas Bank comes under RBI scanner

The Reserve Bank of India (RBI) on September 23, issued directions to Punjab and Maharashtra Cooperative Bank (PMC ...

Banking, FMCG to benefit from corporate tax cut; pharma, IT to remain untouched: Report

The government's big announcement of a cut in corporate tax will benefit sectors such as banking and FMGC but IT ...

Banks closed for five days in a row later this month? Services to be hit

The unions are protesting for fear of job loss following the PSU mergers. Bank services will be hit later this ...

Going subprime isn’t the answer for India’s big banks

Any financing that’s secured by collateral — steel mills, textile factories, power plants, roads or land — is ...

18 public sector banks hit by 2,480 fraud cases of Rs 32,000 cr in Q1: RTI

A total of 2,480 cases of fraud involving a huge sum of Rs 31,898.63 crore rattled 18 public sector banks in the ...