This would be the first such meet since the coronavirus outbreak. The RBI board is also expected to discuss the state of economy, and banking sector in particular

With the relaxation in withdrawal limit, more than 84 per cent of the PMC Bank's depositors will be able to withdraw their entire account balance

The fraud at the Punjab and Maharashtra Cooperative (PMC) Bank came to light in September 2019 after the Reserve Bank of India found that the PMC Bank had allegedly created fictitious accounts to hide over Rs 4,355 crore of loans extended to the almost-bankrupt HDIL

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

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

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

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 Wadhawans shall help the committee in valuation of HDIL's encumbered properties, the court said

The difference between the gross salary of the RBI Governor and a Deputy Governor is also not much. The Governor earns just Rs 31,500 more than a Deputy Governor per month