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Maharashtra Protection Of Interest Of Depositors

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The Lokpal is no magic wand to fight corruption

A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar. Parliament passed the ever delayed Lokpal Bill on December 18. The President has given the......

'It's easier to shake hands with the corrupt'

Y P Singh joined the Indian Police Service in 1985.During his stint, he dealt with high-profile cases like the US-64 scam and the Panna-Mukta oilfield deal. But he was often at odds with the......

If your bank goes bust, how much money will you get?

'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com   Finally, the deposit......

Will 2020 bring cheer to Indian banking sector?

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart......

3 failures: Why the RBI is in a mess

'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.''And this is precisely the cause for the mess,' says J N Gupta.Illustration:......

HC asks RBI about steps taken to help PMC Bank depositors

The crisis at the bank is attributed to loans made to realty player Housing Development Infrastructure Ltd, which were allegedly hidden from regulators' scrutiny, turning non-performing assets.......

How to fix the PMC Bank crisis

'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and......

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