PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

Public sector banks have charged depositors Rs 2,331 crore penalty for not maintaining monthly avera..

DICGC to pay depositors of 17 co-operative banks in October

DICGC to pay depositors of 17 co-operative banks in October

Depositors of 17 distressed co-operative banks will receive payments from the Deposit Insurance and ..

DICGC to pay depositors of two stressed co-operative banks in Aug

DICGC to pay depositors of two stressed co-operative banks in Aug

The depositors of two Maharashtra-based co-operative banks will get paid their insurance cover of up..

PMC Bank depositors to get first payout from Unity SFB

PMC Bank depositors to get first payout from Unity SFB

Unity Small Finance Bank will pay Rs 3,791.55 crore to about 8.5 lakh depositors of Punjab and Mahar..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

PMC depositors pick holes in RBI’s amalgamation scheme

PMC depositors pick holes in RBI’s amalgamation scheme

The depositors of fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank want their money to be pa..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

21 co-operative bank depositors to get up to Rs 5 lakh from DICGC

21 co-operative bank depositors to get up to Rs 5 lakh from DICGC

Depositors of Punjab & Maharashtra Co-operative (PMC) Bank and 20 other stressed co-operative ba..

PMC Bank depositors to get back up to Rs 5 lakh from 30 Nov

PMC Bank depositors to get back up to Rs 5 lakh from 30 Nov

Depositors of stressed banks like Punjab & Maharashtra Cooperative (PMC) Bank are now set to get..

Depositors can withdraw Rs 5 lakh in 90 days if bank under moratorium

Depositors can withdraw Rs 5 lakh in 90 days if bank under moratorium

Depositors of a bank under moratorium will now get timely support as the government has approved an ..

Alarmed depositors flock to Lakshmi Vilas Bank branches

Alarmed depositors flock to Lakshmi Vilas Bank branches

Chaos and confusion prevailed in many branches of Lakshmi Vilas Bank (LVB) as depositors and custome..

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

The Reserve bank of India (RBI) has allowed depositors of Chennai-based Lakshmi Vilas Bank (LVB) to ..