Send 40% Currency To Rural Areas, RBI Tells Banks

Admitting to the cash crunch prevailing in rural areas, the RBI on Tuesday asked commercial banks to send at least 40 per cent of the currency meant for circulation to their rural branches.....

 

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PMC Customer With Rs 90 Lakh In Bank Dies Of Stress

A customer with around Rs 90 lakh in the crisis-hit Punjab & Maharashtra Cooperative Bank Ltd has died. Sanjay Gulati had already lost his job earlier this year following the collapse of the Jet Airways, and now restrictions on his hard-earned savings may have taken away his life. ....

 

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Baijal Requests RBI To Inquire Delhi Cooperative Bank 'scam'

Delhi Lt Governor Anil Baijal on Thursday requested Reserve Bank of India (RBI) to inquire into the alleged irregularities in a city cooperative bank and also directed the Economic Offences Wing (EOW) of Delhi Police to investigate the entire matter.....

 

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