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Jan Dhan deposits register 30 times surge post demonetisation

Pradhan Mantri Jan Dhan Yojana accounts have registered 30 times surge in deposits post demonetisation. According to the sources, PMJDY accounts have increased by...

Food procurement: Punjab govt wants banks to restructure Rs 21,000 cr...

The Government of Punjab has asked the State Bank of India(SBI)-led consortium of banks to treat their outstanding loan of Rs 21,000 crore as...

RBI Deputy Governor downplays money deposit issue

Terming the issue of banks depositing money to reduce the number of accounts with zero balances as a non criminal act, RBI Deputy Governor...

Capital Local Area Bank to be India’s first small area finance...

Jalandhar-based Capital Local Area Bank (CLAB) is set to become India’s first small area finance bank (SFB) by commencing its operations on April 13, 2016....

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