RBI empanels CSB Bank to undertake banking biz of central, state govts
Get link
Facebook
X
Pinterest
Email
Other Apps
The south-based private sector bank said it has been expanding its business by adding new product lines and increasing the distribution channel through physical and digital channels.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3qxFold
via IFTTT
The RBI has cancelled the licence of Sumerpur Mercantile Urban Cooperative Bank in Pali, Rajasthan, due to inadequate capital and earning prospects. Depositors will receive deposit insurance claim amount up to Rs 5 lakh from DICGC. As on November 30, 2023, DICGC has already paid Rs 45.22 crore of the total insured deposits based on the willingness received from the depositors concerned of the bank. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/PEzW9QB via IFTTT
The Tamil Nadu-based bank's Managing Director and CEO S Krishnan who recently assumed office said retail, agriculture and micro, small and medium enterprises (RAM) segments would be the focus areas as this vertical comprises 88 per cent of the bank's exposure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Iak2dgJ via IFTTT
Comments
Post a Comment