Banking

ET Explains: Inside RBI’s plan to avert PMC Bank-like embarrassments

In light of the massive uproar over regulatory lapses at the fraud-hit Punjab and Maharashtra Cooperative (PMC) ...

Excitement over Yes Bank’s fundraising ebbs as Reserve Bank of India’s approval looks difficult

Yes Bank Ltd’s fundraising drama, which began in April, seems to be nearing a rather anticlimactic conclusion. For ...

Germany’s Scholz seeks compromise on EU banking plan

German Finance Minister Olaf Scholz said on Wednesday the European Union needs to increase its pace regarding leading ...

Digital Technologies Could Turn Bank Branches Into Coffee Shops

Digital technologies won’t kill banking, but they will eliminate the need for bank branches, making room for other ...

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 ...