Thursday, September 10, 2020

BANKING

The government and RBI had replaced the entire board of the lender in March this year and also stopped depositors from accessing their funds for a few days. A new management was installed, the restrictions were lifted and it also completed a Rs 15,000-crore capital raise during the pandemic which will help it restart lending operations.

from Banking/Finance-Industry-Economic Times https://ift.tt/3m8ekG2
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