Depositors

<!-- -->RBI cancelled the licence of Maharashtra's Laxmi Co-operative Bank.The Reserve Bank of India (RBI) today cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited, saying the Solapur-based lender does not have…

BEIRUT: Five Lebanese banks were held up by depositors seeking access to their own money frozen in the banking system on Friday (Sep 16), in a spiralling spate of holdups this week spurred by frustration over a financial implosion with no…

<!-- -->Bank holdups snowball in Lebanon as depositors demand their own moneyFive Lebanese banks were held up by depositors seeking access to their own money frozen in the banking system on Friday in a spiralling spate of holdups this…

Issued on: 16/09/2022 - 16:43 Lebanese depositors, including one armed with a hunting rifle, broke into at least four banks Friday to demand their trapped savings, a sign of…

At a time when growth in bank credit is outstripping that of deposits, several lenders, including the country’s largest bank, State Bank of India (SBI), have raised deposit rates ahead of the festival season in order to fund the demand for…

HONG KONG :Financial authorities in China's Henan province said on Friday they would repay more depositors to try to contain damage from a rural banking scandal.Deposits worth at least $1.5 billion at a handful of small lenders have been…

Anguished depositors have staged several demonstrations in the city of Zhengzhou, the provincial capital of Henan, over the past two months, but their demands have invariably fallen on deaf ears.On Sunday, more than 1,000 depositors from…

DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5 lakh on bank depositsMUMBAI: The deposit insurance and credit guarantee corporation (DICGC) will pay the eligible depositors of Shankarrao Pujari Nutan…

New Delhi: The RBI on Friday imposed several restrictions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur, including on withdrawals, in view of the lender's worsening financial position. However, 99.84 per…

'The money is readily available to the depositors.' Photograph: ANI Photo Unity Small Finance Bank, a 51:49 joint venture between the Centrum Group and Bharat Pe, which took over the beleaguered Punjab and Maharashtra Cooperative (PMC)…