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HomeMore NewsBanking & FinanceDepositors of stressed cooperative banks to finally receive a long-delayed settlement
CREDIT: DNA INDIA
Banking & Finance

Depositors of stressed cooperative banks to finally receive a long-delayed settlement

Veronica Elishya
By Veronica Elishya

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MUMBAI (CU)_In August this year, the Indian Parliament passed the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, which mandated account holders of stressed co-operative banks to be paid up to ₹500, 000 (US$6,660), within a period of…

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Veronica Elishya
Veronica Elishyahttps://www.commonwealthunion.com/

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