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Rupee Bank administrator seeks its merger with another lender

Rupee Co-operative Banks administrator Sudhir Pandit said on Saturday that he has requested the RBI authorities to merge the city-headquartered bank with another, stronger lender.He had a meeting with Reserve Bank deputy governors Rajeshwar Rao and M P Jain in this regard, he said in a statement here.Liquidation is not the solution.

DICGC: Payment process on; depositors of PMC, Rupee & others to benefit

DICGC: Payment process on; depositors of PMC, Rupee & others to benefit
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President gives assent to amended DICGC Act

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