Coronavirus Highlights: West Bengal recorded 153 fresh COVID-19 cases and 14 deaths in last 24 hours, its highest single-day deaths and spike in the number of new cases

Under the DIGC scheme, full recovery for those accountholders is allowed who hold funds of less than Rs 5 lakh

On liquidation, depositors are entitled to repayment of their deposits up to Rs 5 lakh only from the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per usual terms and conditions, RBI said

The restriction on Punjab and Maharashtra Cooperative (PMC) Bank included barring the bank from lending and accepting fresh deposits

Covid-19 pandemic was like a bold from the blue. Over the last seven years, the banks had braved the first of its kind balance sheet clean up with RBI's asset quality review for stressed loans

With the arrest of Jasvinder Singh Banwait, Vishwanatha Shridhar Prabhu and Shripad Govind Jere on Thursday, the number of those arrested in the case reached 15

The apex bank had said certain sections of the media had raised concerns about the safety of deposits of certain banks but it is a flawed concern

Yes Bank needs between Rs 20,000 - 22,000 crore to revive. SBI's risks will be ring-fenced with maximum exposure of Rs 10,000 crore. Yes Bank will not be merged with SBI but will remain an associate bank

While you will have to make alternative arrangements for the short-term, you must know your money in the YES Bank account is safe

On Thursday, the Reserve Bank of India put Yes Bank under moratorium and capped a withdrawal limit of Rs 50,000

The RBI has taken the first step of assessing Yes bank's correct financial, liquidity and solvency position by appointing an administrator

To allay the fears of the YES Bank depositors, RBI Governor Shaktikanta Das says the YES Bank revival process will be done \"very swiftly, very fast\"

Yes Bank News Updates: In the reconstruction scheme for YES Bank, the government has said that the SBI is willing to investment in the troubled private lender

YES Bank news: The RBI has asked YES Bank customers not to panic as it will devise and implement a solution within 30 days

Despite rise in number of whistleblower complaints, the lacunae in the system are proving to be a deterrent in the fight against corporate unethical practices

The government has taken this move in the wake of the Punjab and Maharashtra Co-operative (PMC) Bank crisis

At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and Credit Guarantee Corporation if a bank fails

The decision to switch to the new income tax rates will depend on the level of deductions that you are able to use in the present regime

The new tax regime, though optional, will require taxpayers to forego various tax exemptions available in the old regime. The net benefit, thus, may not be positive for all taxpayers

Budget 2020: Presenting the Modi 2.0 government's second budget in Parliament, Sitharaman said that the government will be selling stake in the lender to private retail investors