Search For "depositors"
RBI Governor cautions depositors to be careful while chasing high returns
Updated : 4 years, 5 months ago IST
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday warned the depositors to be careful while chasing high returns as it comes with higher risk.
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Financial empowerment of people is our ultimate goal: PM Modi
Updated : 4 years, 5 months ago IST
New Delhi [India], December 12 (ANI): Prime Minister Narendra Modi on Sunday said that 'aarthik sashaktikaran' (financial empowerment) is the ultimate goal of the Centre and it has saved banks and provided security to the depositors.
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India can become 'gross driver' of world economy if stakeholders in bankin
Updated : 4 years, 5 months ago IST
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday said that the country can become a "gross driver" of the world economy if all stakeholders in the banking sector work together.
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Bank deposit insurance cover increased to Rs 5 lakh, refund within 90 days
Updated : 4 years, 5 months ago IST
Pune (Maharashtra) [India], December 12 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the Central government has increased the bank deposit insurance cover, in case of problems occurring such as closure, from Rs 1 lakh to Rs 5 lakh. The amount has to be refu
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Centre enhanced financing system in last 7 years to benefit poor, says PM
Updated : 4 years, 5 months ago IST
New Delhi [India], December 12 (ANI): Prime Minister Narendra Modi on Sunday, in a veiled attack on the previous regime, said that the middle and poor class have time and again suffered from the banking crisis, but present India is determined on resolving these problems.
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PM Modi to address bank deposit insurance programme today
Updated : 4 years, 5 months ago IST
New Delhi [India], December 12 (ANI): Prime Minister Narendra Modi will address the function on 'Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh' on Sunday at noon in Vigyan Bhawan, Delhi.
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PM Modi to address depositors in bank deposit insurance programme tomorrow
Updated : 4 years, 5 months ago IST
New Delhi [India], December 11 (ANI): Prime Minister Narendra Modi will address the function on 'Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh' on Sunday at noon in Vigyan Bhawan, Delhi.
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Modi govt gave relief to depositors of failed Cooperative Bank: Tejaswi Su
Updated : 4 years, 6 months ago IST
New Delhi [India], November 29 (ANI): South Bengaluru MP Tejaswi Surya on Monday said the disbursal of Rs 5 lakh deposit insurance to the depositors of the Sri Guru Raghavendra Cooperative Bank is a big reprieve provided by the Narendra Modi-led government.
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Guru Raghavendra Sahakara Bank depositors say they continue to face hardsh
Updated : 4 years, 9 months ago IST
Bengaluru (Karnataka) [India], August 14 (ANI): The depositors of Sri Guru Raghavendra Sahakara Bank on Saturday said they continue to face an extremely difficult situation in accessing their money after a restriction was placed on the bank under U/S 35A of the Banking Regulation Act 1949 (A
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All Guru Raghavendra Bank depositors to be benefitted by DICGC Bill. says
Updated : 4 years, 9 months ago IST
New Delhi [India], August 9 (ANI): Hours after Parliament passed the amendment to the Deposit Insurance Credit Guarantee Corporation (DICGC) Bill, 2021 in Lok Sabha on Monday, Lok Sabha MP Tejasvi Surya lauded Finance Minister Nirmala Sitharaman and said the bill would provide interim relief
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Cabinet gives nod to Deposit Insurance Credit Guarantee Corporation Bill
Updated : 4 years, 10 months ago IST
New Delhi [India], July 28 (ANI): Bringing sigh of relief for the depositors in stressed banks, the Union Cabinet on Wednesday gave nod to the Deposit Insurance Credit Guarantee Corporation (DICGC) Bill, 2021.
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Depositors are already allowed to withdraw up to Rs 5 lakhs for treatment,
Updated : 5 years ago IST
New Delhi [India], May 14 (ANI): The Reserve Bank of India (RBI) in a response filed in Delhi High Court stated that depositors Punjab Maharashtra Cooperative (PMC) Bank are already allowed to withdraw up to Rs 5 lakhs on hardship grounds for treatment of terminal illnesses, including treatm
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