Agriculture Minister Raghavji Patel stated that under the 19th installment of the PM-KISAN scheme, more than 9.7 crore farmers across the country will receive financial assistance exceeding Rs22,000 crore, directly deposited into their bank accounts.
Foreign portfolio investors (FPIs) have sold equities worth over Rs 1 lakh crore from Indian markets in less than two months of 2025, according to data released by the National Securities Depository Limited (NSDL).
NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
Deposit insurance, as we know it today, was introduced in India in 1962. India was the second country in the world to introduce such a scheme, the first being the US in 1933. Banking crises and bank failures worldwide underscored the need for depositor protection.
Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, the central bank said in a statement Friday, a day after it imposed several restrictions on the lender.
Account holders in thousands gathered outside Mumbai-headquartered New India Co-operative Bank Limited branches to withdraw their hard-earned savings, soon after the Reserve Bank of India put several restrictions on the lender.
According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions st
After AAP's loss in the Delhi Assembly elections, former Delhi Chief Minister Atishi on Sunday said that the Aam Aadmi Party will ensure accountability of Bharatiya Janata Party and reminded them of their promises of depositing Rs 2,500 to women beneficiaries by March 8 of this year.
Mumbai (Maharashtra) [India], February 3: Fixed deposits (FDs) are a popular investment option due to their predictable returns and stability compared to other market-linked investment products. However, there may be instances when you need immediate liquidity, even before your FD matures. F
: BJP candidate from the New Delhi Assembly constituency, Parvesh Verma, on Monday claimed that the BJP would win the seat by a large margin and that AAP leader Arvind Kejriwal would lose his deposit and finish third.
Delhi's Patiala House Court ordered the release of Rs 92 lakh in favor of Enviro Infra Private Limited, following an arbitration case against Nagar Palika Nokha. The amount was deposited by Nagar Palika, which had earlier faced a Bikaner House attachment order.