United Western Bank was an Indian bank founded in 1936 that IDBI Bank acquired in 2006 in a rescue. The Reserve Bank of India placed UWB under a moratorium to protect the interest of public and depositors as growing losses eroded its capital. Read More
Prime Minister Narendra Modi reviewed the implementation of the PM-SVANidhi Scheme of Ministry of Housing and Urban Affairs earlier on Saturday. It was informed over 2.6 lakh applications have been received, over 64,000 have been sanctioned and over ...
A combination of fiscal, monetary and regulatory interventions on an unprecedented scale has ensured normal functioning of financial markets in response to Covid-19, the Reserve Bank of India (RBI) said on Friday. ...