Business

RBI canceled the license of this bank, know how much deposit money will the customers get back?

RBI imposes restrictions on City Co-operative Bank: The Reserve Bank of India has cancelled the licence of Mumbai-based City Co-operative Bank due to lack of adequate capital and earning capacity. The RBI said it has issued orders to the Cooperative Commissioner and Registrar of Cooperative Societies, Maharashtra to close down …

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This year 4,300 crorepatis may leave India, preferring to stay in US-Europe

4300 crorepatis may migrate to other countries: This year 4300 crorepatis may migrate from India to other countries. Last year 5100 crorepatis left India in 2023. According to a report by international investment migration advisory firm Henley, geopolitical crises, economic uncertainties and social discrimination are driving people to leave India. …

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