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Navi Mumbai: Depositors flock at KNSB Panvel to submit insurance claims for their deposits

Navi Mumbai: Depositors flock at KNSB Panvel to submit insurance claims for their deposits
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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RBI Expert Panel Recommends Merger of Weaker Urban Co-op Banks

The Reserve Bank of India (RBI)’s expert committee on primary (urban) co-operative banks (UCBs) has recommended a regulatory nudge for weak UCBs to explore voluntary merger or conversion into a non-banking society at an early stage. ....

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Kamla Nagar Sahakari Bank: ED attaches land of accused MLA

ED taken over a multi-acre sports academy and some land parcels worth Rs 234 crore of former Maharashtra MLA Vivekanand Shankar Patil in a money laundering transaction involving a fraud ....

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ED attaches ₹234-crore assets linked to ex-MLA

ED attaches ₹234-crore assets linked to ex-MLA
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Karnala Nagari Sahakari Bank's License Cancelled by RBI

The Reserve Bank of India (RBI) has cancelled licence of Panvel-based Karnala Nagari Sahakari Bank as the bank does not have adequate capital and earning prospects. RBI says 95% of depositors of the bank will receive full amounts of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC). ....

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