PMC Bank case: ED summons Sanjay Raut's wife

The Enforcement Directorate has summoned Varsha Raut, wife of Shiv Sena MP Sanjay Raut, for questioning in the PMC Bank money laundering case on December 29, officials said on Sunday. Varsha Raut......

Bombay HC quashes Eknath Shinde's stay on coop bank recruitment

The Nagpur bench of the Bombay high court has quashed the decision of Maharashtra Chief Minister Eknath Shinde to stay the recruitment process of a co-operative bank, noting that the CM has no......

ED summons to Sanjay Raut's wife politically motivated: Aaditya

Yuva Sena president and Maharashtra minister Aaditya Thackeray on Monday termed the summons issued by the Enforcement Directorate to wife of Shiv Sena MP Sanjay Raut as "politically motivated".......

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

Assets of a sugar cooperative were acquired by close associates of Maharashtra Deputy Chief Minister Ajit Pawar at throwaway prices, a special court in Mumbai has said while taking cognisance of a......

Co-operative banks should join Jan Dhan Yojna: Amit Shah

Bharatiya Janata Party president Amit Shah on Tuesday asked the co-operative sector banks of Gujarat to join the 'Pradhan Mantri Jan Dhan Yojna' and take up a movement to ensure that everyone in......

What ails the co-operative banking sector?

Balance sheet clarity must Chinubhai R Shah, President, GCCI & Gujarat Investors' Association Co-operative banks were established to augment the banking sector and promote thrift in people. Over a......

Bank Deposits: Strong Safety Net Needed

If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh.It was Rs 1 lakh before. Illustration: Dominic Xavier/Rediff.com American regulators......

Depositors of 21 stressed co-op banks to get Rs 5 lakh by Nov

The banks are required to submit a claim list by October 15. Illustration: Uttam Ghosh/Rediff.com The Deposit Insurance and Credit Guarantee Corporation (DICGC) will pay the depositors of 21......