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Deposit insurance limit for institutional investors must be raised: Marathe

Deposit insurance limit for institutional investors must be raised: Marathe Govt likely to table amendment in DICGC Act in monsoon session Considering the news that the amendment to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 will be tabled in the upcoming monsoon session, Sahakar Bharati has called for raising deposit insurance limit for institutional investors to Rs 25 lakh. Talking to Indian Cooperative correspondent Sahakar Bharati ‘s one of the founder Chairmen and RBI central board director Satish Marathe said, “We had demanded a separate Deposit Insurance Limit for Institutional Depositors, Special Provision in the DICGC Act, 1961 to protect the interests of Depositors of fraud affected banks like PMC Bank Ltd, Pen Urban Co-op Bank Ltd, etc.

Держбанки продовжують закривати відділення і звільняти працівників - НБУ

Держбанки продовжують закривати відділення і звільняти працівників - НБУ
expert.org.ua - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from expert.org.ua Daily Mail and Mail on Sunday newspapers.

Госбанки закрыли 81 отделение и сократили 2000 сотрудников в первом квартале 2021 года - новости Украины, Банки

Госбанки закрыли 81 отделение и сократили 2000 сотрудников в первом квартале 2021 года - новости Украины, Банки
liga.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from liga.net Daily Mail and Mail on Sunday newspapers.

No financial services deal at any cost, new FCA boss warns Brussels

The boss of the City watchdog has fired a warning shot at Brussels, saying Britain will not accept a financial services deal with the EU at any cost . Nikhil Rathi, who took over at the Financial Conduct Authority (FCA) last year, said the increased flexibility which the UK has to set its own rules post-Brexit could make our markets work better . In a speech to the Association of Foreign Banks, he also said that the EU was shooting itself in the foot by failing to agree a deal, as banks in the bloc were losing business because they did not have access to all of the UK s deep pools of liquidity.

Brussels bid to cut off the City is backfiring, watchdog warns

Brussels bid to cut off the City is backfiring, watchdog warns Financial Conduct Authority chief Nikhil Rathi says European banks suffering from EU reluctance to grant equivalence for UK finance firms 6 May 2021 • 3:03pm A Brussels plot to lock the City out of European markets has backfired and harmed the finances of banks on the Continent, the boss of the UK s finance watchdog has said. Nikhil Rathi, head of the Financial Conduct Authority (FCA), said in a first major intervention that European Union lenders have lost market share because of resistance to a so-called equivalence deal that would have preserved ties with Britain.

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