2 cr Jan Dhan accounts opened in last 3 months
As Covid relief from the Centre and State governments flowed in, a significant number of new Jan Dhan accounts were
Banking News
RBI forms panel to check private banks’ structure
RBI has constituted an internal working group to review the guidelines on ownership and corporate structure for Indian private sector
Housing News
India Post savings A/C offering higher interest than that offered by its banking arm
India Post Payments Bank (IPPB) has cut the interest rate on savings bank (SB) deposits thrice since February, from 4
Legal Corner
Banks’ FY2021 recovery to take a hit as new IBC cases banned for a year
The suspension of fresh insolvency proceedings and coronavirus-related disruptions will impact recovery for lenders in fiscal 2021 as resolution mechanisms
