.............Many Indian cooperative banks have gone bust in the past and many more will probably go bust in future but this is the first instance where the banking regulator has forced the depositors to make a sacrifice. Protecting depositors has all along been the unstated policy in a nation where about two-third of the adult population does not have access to formal banking services. Will this be the norm for all future mergers of cooperative banks? ................
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment