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RBI imposes penalty on three co-operative banks

RBI imposes penalty on three co-operative banks : Rashtra News #RBI #imposes #penalty #cooperative #banks The RBI said the penalties are not intended to pronounce upon the validity of any transaction or agreement. The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh, for deficiencies

Unclaimed deposits with banks rise 26%

Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report.

Moneylife Foundation's Pathbreaking Study Identifies the Best and Worst Banks in India in Terms of Service Charges

A pathbreaking new research uncovers substantial variations in service charges levied by banks across India on basic savings bank accounts. The study,

Unclaimed deposits with banks rise 26% to Rs 78,213 crore

The amount with the Depositor Education and Awareness Fund stood at Rs 62,225 crore at the end of March 2023.

Unclaimed deposits with banks rise 26 pc to Rs 78,213 crore