Tuesday, October 1, 2019

PMC Bank saw massive cash withdrawals before RBI clampdown

PMC Bank saw massive cash withdrawals before RBI clampdown This massive fund erosion began after some of these large depositors reportedly got a whiff of the whistleblower, reportedly a board member, leak to the regulator, which finally undid the bank on September 23, the sources added.

from Moneycontrol Business News https://ift.tt/2o4zbjW

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D-St surges 1% on reports govt to cut tax on foreign bond bets

Indian stock markets surged on Thursday. The Nifty and Sensex saw significant gains. This rise was driven by reports of a potential tax cut ...