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RISK RATINGS FOR BANKS

Recently, RBI put curbs on Punjab & Maharashtra Co-op Bank and Laxmi Vilas Bank. The directive came as a bolt from the blue for scores of hapless depositors, many of whose entire life savings are with these banks. The lure of co-operative banks is that the depositors get a higher rate of interest on their

RISK RATINGS FOR BANKS

Recently, RBI put curbs on Punjab & Maharashtra Co-op Bank and Laxmi Vilas Bank. The directive came as a bolt from the blue for scores of hapless depositors, many of whose entire life savings are with these banks. The lure of co-operative banks is that the depositors get a higher rate of interest on their

Interim measures to protect PMC Bank Depositors

Depositors’ interest will be safeguarded PMC administrator to RBI New Delhi/Mumbai The crisis-hit PMC bank depositors intensified their protests and the Supreme Court has agreed to hear on Friday the 19th instant, an urgent plea seeking directions for interim measures to safeguard the money of customers blocked in the bank. The plea on Wednesday the

Interim measures to protect PMC Bank Depositors

Depositors’ interest will be safeguarded PMC administrator to RBI New Delhi/Mumbai The crisis-hit PMC bank depositors intensified their protests and the Supreme Court has agreed to hear on Friday the 19th instant, an urgent plea seeking directions for interim measures to safeguard the money of customers blocked in the bank. The plea on Wednesday the

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