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RBI cancels licence of Vijayawada-based Durga Co-op Urban Bank

On liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC).

12 November 2024, 14:13 IST

RBI cancels licence of Vijayawada-based Durga Co-op Urban Bank

RBI cancels licence of Vijayawada-based Durga Co-op Urban Bank

RBI cancels licence of Vijayawada-based Durga Co-op Urban Bank

12 November 2024, 14:13 IST

US to propose bank capital rule revisions as soon as this month

The revisions, which run up to 450 pages, may be unveiled as soon as Sept 19 and would reshape key components of the US bank-capital regime known as Basel III Endgame.

07 September 2024, 06:05 IST

US to propose bank capital rule revisions as soon as this month

US to propose bank capital rule revisions as soon as this month

US to propose bank capital rule revisions as soon as this month

07 September 2024, 06:05 IST

Karnataka: CBI denies probing Guru Raghavendra Co-operative Bank scam

The CBI responded to an RTI petition filed by H M Manjunathaiah, a resident of Vidyaranyapura, who is also a victim of the scam.

22 August 2024, 00:08 IST

Karnataka: CBI denies probing Guru Raghavendra Co-operative Bank scam

Karnataka: CBI denies probing Guru Raghavendra Co-operative Bank scam

Karnataka: CBI denies probing Guru Raghavendra Co-operative Bank scam

22 August 2024, 00:08 IST

Wayanad landslides: Kerala Bank writes off dues of victims with loan obligations worth Rs 30 crore

Banking sector sources said that many of the houses that were mortgaged for availing loans could have been totally destroyed in the landslide and many pieces of land mortgaged for purposes like availing agriculture loans could have become unsuitable for cultivation.

12 August 2024, 12:40 IST

Wayanad landslides: Kerala Bank writes off dues of victims with loan obligations worth Rs 30 crore

Wayanad landslides: Kerala Bank writes off dues of victims with loan obligations worth Rs 30 crore

Wayanad landslides: Kerala Bank writes off dues of victims with loan obligations worth Rs 30 crore

12 August 2024, 12:40 IST

Two deputy governors of Bangladesh Bank resign after Sheikh Hasina's exit

On Friday, Bangladesh Bank Governor Abdur Rouf Talukder tendered his resignation, citing personal reasons. His resignation was part of a broader wave of departures from various institutions of the country following the recent fall of the Sheikh Hasina-led government.

12 August 2024, 11:08 IST

Two deputy governors of Bangladesh Bank resign after Sheikh Hasina's exit

Two deputy governors of Bangladesh Bank resign after Sheikh Hasina's exit

Two deputy governors of Bangladesh Bank resign after Sheikh Hasina's exit

12 August 2024, 11:08 IST

Bangladesh central bank governor resigns amid protests

He is leaving two years before his term ends. The central bank didn’t immediately respond to an email seeking further information outside for regular business hours.

10 August 2024, 06:43 IST

Bangladesh central bank governor resigns amid protests

Bangladesh central bank governor resigns amid protests

Bangladesh central bank governor resigns amid protests

10 August 2024, 06:43 IST

SocGen to sell UK, Swiss private bank units for about $1 billion

SocGen said the divisions being sold - SG Kleinwort Hambros and Societe Generale Private Banking Suisse - had assets under management of around 25 billion euros as of the end of 2023.

05 August 2024, 15:03 IST

SocGen to sell UK, Swiss private bank units for about $1 billion

SocGen to sell UK, Swiss private bank units for about $1 billion

SocGen to sell UK, Swiss private bank units for about $1 billion

05 August 2024, 15:03 IST

ED raids Mahesh Cooperative Bank's top executives

Searches were conducted on the locations of Mahesh Cooperative Bank chairman Ramesh Kumar Bung, vice chairman Purushottamdas Mandhana, and managing director Umesh Chand Asawa.

31 July 2024, 16:13 IST

ED raids Mahesh Cooperative Bank's top executives

ED raids Mahesh Cooperative Bank's top executives

ED raids Mahesh Cooperative Bank's top executives

31 July 2024, 16:13 IST

Chinese bank pieces 32,000 yuan to help kin of deceased 'mentally ill' woman who tore notes into 100,000 pieces: Report

Zhang said that the bank staff who were assigned the task to piece back the currency notes used magnifiers to identify the broken pieces, and this took 22 days of taxing work.

30 July 2024, 11:08 IST

Chinese bank pieces 32,000 yuan to help kin of deceased 'mentally ill' woman who tore notes into 100,000 pieces: Report

Chinese bank pieces 32,000 yuan to help kin of deceased 'mentally ill' woman who tore notes into 100,000 pieces: Report

Chinese bank pieces 32,000 yuan to help kin of deceased 'mentally ill' woman who tore notes into 100,000 pieces: Report

30 July 2024, 11:08 IST

RBI cancels licence of Tezpur-based Mahabhairab Coop Urban Bank

Following the cancellation of its licence, the cooperative bank ceases to carry on banking business, with effect from the close of business on July 24, 2024.

24 July 2024, 15:56 IST

RBI cancels licence of Tezpur-based Mahabhairab Coop Urban Bank

RBI cancels licence of Tezpur-based Mahabhairab Coop Urban Bank

RBI cancels licence of Tezpur-based Mahabhairab Coop Urban Bank

24 July 2024, 15:56 IST