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Thursday, March 28, 2024
TopicBank deposits

Topic: bank deposits

J&K Bank was ‘victim of nepotism’ but govt reforms turned it profitable, says Modi

At 'Viksit Bharat, Viksit Jammu Kashmir' event in Srinagar, Modi rebuked previous governments for corrupt practices that destroyed bank & risked thousands of crores of depositors' money.

Lok Sabha passes bill allowing depositors to get insurance money in 90 days

Finance Minister Nirmala Sitharaman said the legislation will benefit small depositors, including those of the Punjab and Maharashtra Cooperative Bank.

Depositors can now get insurance money in 90 days if their bank is placed under moratorium

The Union cabinet has cleared changes in a decision that will help depositors in banks that have been placed under a moratorium by the RBI.

In just 5 years, private banks have narrowed public sector’s huge lead in loans & deposits

Private banks’ market share in loans has risen to 36.04% in 2020 from 21.26% in 2015, while public sector banks’ share has gone to 59.8% from 74.28%.

Not ‘overworried’ about NPAs, no need for a blanket moratorium extension: SBI chairman

SBI chairman Rajnish Kumar said the extension of the loan moratorium may be needed only for certain specific stressed sectors.

Depositors of failed banks will get only upto Rs 1 lakh insurance cover: RBI subsidiary

Deposit Insurance and Credit Guarantee Corporation (DICGC)'s response comes in the wake of the PMC Bank crisis and other bank frauds that have put people's savings at risk.

Modi govt plans to amend law to increase insurance cover for bank deposits from Rs 1 lakh

Finance Minister Nirmala Sitharaman says the govt will table the amendments in winter session of Parliament.

On Camera

Sanjeev Sanyal says UPSC is poverty of aspiration. But it’s more about desperation

The most productive years of Indian youth gets wasted preparing for the UPSC. But they didn't create this system; the government did.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.