PUNJAB STATE COOPERATIVE BANK
Maharashtra govt working on merging PMC and MSC Banks: Jayant Patil
Speaking on the issue of PMC bank depositors, Nationalist Congress Party ...
Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC
UTI AMC is promoted by four public sector financial institutions...
Bombay High Court junks PMC Bank depositors' plea for lifting of restrictions
In their pleas, the petitioners alleged that the RBI's decision...
Cut stake to below 10% immediately, Sebi tells three UTI AMC investors
Sebi directed LIC, SBI & BoB to dilute their stakes to below 10% in UTI AMC by Dec next year.
RBI expects forensic audit report on PMC Bank by month-end
The multi-state co-operative bank has been under the RBI restriction since September 23, after it had found financial irregularities, including huge under-reporting of loans and non-performing assets to real estate developer HDIL to the tune of Rs 6,500 crore using hundreds of dummy accounts.
ET Explains: Inside RBI's plan to avert PMC Bank-like embarrassments
New policy measures were announced on Thursday to strengthen the regulatory framework at the UCBs.
Potato cultivation dips in Northern India
Usually potato growers are rooted to its cultivation and are not swayed by volatility in price. “But in the few years wholesale potato prices have remained subdued despite higher retail prices.
Shivinder granted one week interim bail on “humanitarian grounds”
Permitted to attend funeral and last rites of wife of chief of Radha Soami Satsang Beas
RBI's customer protection rules will benefit depositors
The complainants used two ATMs in this locality and were duped include customers of HDFC Bank and United Bank of India.
Punjab launches EMS & Web-GIS to ease Business
Sunder Sham Arora, Industries and Commerce Minister highlighted that all PSIEC allotees will be given access to an online dashboard which will be used for managing all aspects of their industrial plot. Post-allotment services shall be made available online, including, applying Water/Sewage connection.
Indo-US partnership inherent to India’s growth story: Ambassador Shringla
Indian Ambasador to USA Harsh Vardhan Shringla also suggested that bilateral relationship between India and the United States is evolving fast both in the strategic and economic domains and this is key to India’s growth story. His comments are significant ahead of the 2+2 ministerial level dialogue on December 18.
Punjab & Sind Bank seeks to mop up Rs 500 crore via QIP
The bank's board will meet on December 6 to consider and approve the fundraising.
Indian government's loan bonanza seen a temporary salve and a long-term pain
Reviving a practice not used in three decades, India's government in September ordered state-run banks to hold more than 400 loan "melas" or fairs across the country over the following month - a measure aimed at boosting economic growth at six-year lows and lending growth at its weakest in three years.
Haryana extends Cooperative loan repayment scheme for farmers
Haryana Chief Minister Manohar Lal Khattar has extended the last date of lump-sum payment scheme for loanee members and farmers of cooperative banks upto December 31, 2019. About seven lakh eligible farmers, 1,98,561 farmers have been provided full interest relief under this scheme till 30 November 2019.
Share market update: Bank shares mixed; Yes Bank slips 5%
The Nifty Bank index was trading 0.29 per cent up at 31805.35 .
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