NIFTY 50

PMC Bank crisis: RBI overhauls reporting system for co-operative banks

Updated : October 12, 2019 02:50 PM IST

Under the new system, all cooperative banks are required to submit their information in a single proforma online on the CISBI portal.
On September 26, RBI had placed a withdrawal limit of Rs 10,000 per six months on all deposits held at the bank.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV