Deutsche Bank AG was one of the largest Banks in the world (it was ranked largest before Chinese Banks replaced it). The Bank on a verge of collapse due to internal scandals has sent...
More than a month of waiting for 16 lakh depositors is leading to a dangerous position of loss of faith in banks. The Cooperative banks have more than 13 crore small depositors. RBI has...
On August 30th 2019 Finance Minister Nirmala Sitharaman announced collapsing of 10 Public Sector Banks in 4 Banks. A lot has been said about what will be the impact of this decision on NPA...
Rs. 1.76 lac crore from RBI’s reserve fund transferred to Central Government RBI central board accepted the recommendations of the Jalan Committee – formed last year to review the economic capital framework for RBI’s reserved funds...
In the wake of RBI’s decision to transfer Rs 1.76 lakh crore to the government as per the recommendations of the Bimal Jalan-led committee; and Modi Government’s the decision to merge 10 Public Sector...