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Total 225 results found. Search for [ co-operative bank ]

Results 1 to 21 of 225
Prasanna Mohanty
December 11, 2019
More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient


Naveen Kumar
December 6, 2019
Investors who prefer fixed deposits are mostly conservative investors. Majority of them are in the higher age bracket and deploy their life savings in fixed deposits


Prasanna Mohanty
New Delhi, December 5, 2019
The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health


Prasanna Mohanty
New Delhi, December 4, 2019
All the key economic indicators have been on a downward swing for quite some time. If this slide is not checked India may slip into recession sooner than later. In this first part of a two-part series, the article looks at what the major economic indicators are telling about the state of Indian economy


Anand Adhikari
December 3, 2019
Post the debacle of PMC Bank, there was a view that RBI should nudge cooperative banks to transform into SFBs. Under the SFB guidelines, the UCBs require a net worth of Rs 50 crore and capital adequacy of 9%


Prasanna Mohanty
December 1, 2019
Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities


Prasanna Mohanty
November 21, 2019
Co-operative sector banks, particularly the urban co-operative banks (UCBs), are falling apart slowly but surely with mounting stressed assets, the full extent of which may not be known


BusinessToday.In
November 19, 2019
This development comes a day after RBI Governor Shaktikanta Das chaired a high-level meeting with Enforcement Directorate, Mumbai Police, Economic Offences Wing and the administrator of PMC Bank


PTI
November 19, 2019
Over the weekend, FM Nirmala Sitharaman had said government would bring in a legislation during the ongoing Winter session to increase the deposit insurance cover from Rs 1, but did not specify a number


PTI
MUMBAI, November 19, 2019
In an affidavit filed in the HC in response to petitions challenging the fund withdrawal restrictions, the RBI has mentioned the withdrawal ceiling at Rs 50,000 for scenarios like marriage, education, livelihood and \"other hardships\"


BusinessToday.In
November 19, 2019
The primary agenda of the meeting was to discuss the disposal of attached assets and associated legal procedure to raise funds for repaying the depositors and reconstructing the crisis-hit PMC Bank


Anand Adhikari
New Delhi, November 18, 2019
The IADI recommends a minimum deposit insurance coverage of 80 per cent of the total deposit accounts and 20-30 per cent in value terms in a member country


BusinessToday.In
November 18, 2019
The last revision in the current limit of deposit insurance was effected on May 1, 1993, after the Bank of Karad collapsed in the securities scam of 1992


PTI
New Delhi, November 8, 2019
Persisting liquidity issues in the NBFC space as well as the financial woes of some groups in this sector have raised concerns about the health of the overall financial system


PTI
November 7, 2019



PTI
November 7, 2019



PTI
November 6, 2019



PTI
Mumbai, November 6, 2019
The penalty was imposed for contravention of norms on 'loans and advances to directors, relatives and firms/concerns in which they are interested'


Prasanna Mohanty
November 6, 2019
RBI flouts its own directive and defies Supreme Court to protect big corporate defaulters, putting the entire banking system at great risk, while crying foul over farmers' loan waivers - paid for by state governments and relatively inconsequential


BusinessToday.In
New Delhi, October 31, 2019
PMC Bank crisis: The Wadhawans have also given their consent to selling 18 of their attached assets that includes two private jets, a range of high-end cars and a speed boat.


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