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London Journal | The Voice of London
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    Charles warns small boats crisis is a ‘profound challenge’ as he hosts Macron at state banquet ahead of migrant ‘deal’

    Charles warns small boats crisis is a ‘profound challenge’ as he hosts Macron at state banquet ahead of migrant ‘deal’

    Jeremy Corbyn’s planned hard-left party of two in chaos as he refuses to confirm who’ll lead it

    Jeremy Corbyn’s planned hard-left party of two in chaos as he refuses to confirm who’ll lead it

    Keir insists he’s still backing Reeves after ‘late-night talks’ as he tries to steady ship after Commons chaos

    Keir insists he’s still backing Reeves after ‘late-night talks’ as he tries to steady ship after Commons chaos

    Critics have slammed Ed Miliband’s net zero policies after major UK oil refinery went bust

    Critics have slammed Ed Miliband’s net zero policies after major UK oil refinery went bust

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      Business Post: From ‘shocking’ engagement to 12,000 subscribers

      Business Post: From ‘shocking’ engagement to 12,000 subscribers

      News diary 7-13 July: 7/7 bombings 20th anniversary, Netanyahu at White House, Macron state visit to UK

      Urgent bid lodged with UK regulator to stop Google AI Overviews ‘stealing journalism’

      Urgent bid lodged with UK regulator to stop Google AI Overviews ‘stealing journalism’

      UK and US publishers back move to block AI scrapers by default

      UK and US publishers back move to block AI scrapers by default

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        ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

        ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

        Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

        Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

        Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

        Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

        Sex-crazed insects cause car to flip with drivers warned to keep windows closed on roads as the bugs invade US

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        I used ChatGPT as FREE nutritionist to rate my diet & turbocharge my health – it found TWO hidden dangers in my meals

        I used ChatGPT as FREE nutritionist to rate my diet & turbocharge my health – it found TWO hidden dangers in my meals

        Huge number of horses’ facial expressions revealed as scientists discover equine ‘language’

        Huge number of horses’ facial expressions revealed as scientists discover equine ‘language’

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        We’ve probably already been discovered by aliens, but they have some pretty good reasons to hide.

        Almost everyone is said to benefit from a scientifically supported method for improving sleep.

        2,500-year-old rock engravings were found near Mosul, Iraq.

        Is the soul of a person eternal? the findings of scientists

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        Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

        Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

        Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

        Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

        ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

        ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

        UFC 316 – Merab Dvalishvili vs Sean O’Malley 2: Fight time, full card, TV channel and live stream ahead of huge rematch

        UFC 316 – Merab Dvalishvili vs Sean O’Malley 2: Fight time, full card, TV channel and live stream ahead of huge rematch

        Olympics gender row boxer Imane Khelif BANNED from next week’s World Cup as chiefs introduce mandatory sex testing

        Olympics gender row boxer Imane Khelif BANNED from next week’s World Cup as chiefs introduce mandatory sex testing

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        A Site for Situated Practices: Mezzanine

        Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

        Discover Amsterdam’s beauty from the water

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        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

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        Creating an Oasis Deponti Glass Room Products and Maze Outdoor Kitchens

        Creating an Oasis: Deponti Glass Room Products and Maze Outdoor Kitchens

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      • Politics
        Charles warns small boats crisis is a ‘profound challenge’ as he hosts Macron at state banquet ahead of migrant ‘deal’

        Charles warns small boats crisis is a ‘profound challenge’ as he hosts Macron at state banquet ahead of migrant ‘deal’

        Jeremy Corbyn’s planned hard-left party of two in chaos as he refuses to confirm who’ll lead it

        Jeremy Corbyn’s planned hard-left party of two in chaos as he refuses to confirm who’ll lead it

        Keir insists he’s still backing Reeves after ‘late-night talks’ as he tries to steady ship after Commons chaos

        Keir insists he’s still backing Reeves after ‘late-night talks’ as he tries to steady ship after Commons chaos

        Critics have slammed Ed Miliband’s net zero policies after major UK oil refinery went bust

        Critics have slammed Ed Miliband’s net zero policies after major UK oil refinery went bust

        Trending Tags

        • Business
          • All
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          Business Post: From ‘shocking’ engagement to 12,000 subscribers

          Business Post: From ‘shocking’ engagement to 12,000 subscribers

          News diary 7-13 July: 7/7 bombings 20th anniversary, Netanyahu at White House, Macron state visit to UK

          Urgent bid lodged with UK regulator to stop Google AI Overviews ‘stealing journalism’

          Urgent bid lodged with UK regulator to stop Google AI Overviews ‘stealing journalism’

          UK and US publishers back move to block AI scrapers by default

          UK and US publishers back move to block AI scrapers by default

          Trending Tags

          • Tech
            ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

            ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

            Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

            Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

            Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

            Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

            Sex-crazed insects cause car to flip with drivers warned to keep windows closed on roads as the bugs invade US

            Sex-crazed insects cause car to flip with drivers warned to keep windows closed on roads as the bugs invade US

            I used ChatGPT as FREE nutritionist to rate my diet & turbocharge my health – it found TWO hidden dangers in my meals

            I used ChatGPT as FREE nutritionist to rate my diet & turbocharge my health – it found TWO hidden dangers in my meals

            Huge number of horses’ facial expressions revealed as scientists discover equine ‘language’

            Huge number of horses’ facial expressions revealed as scientists discover equine ‘language’

          • Health
          • Science

            We’ve probably already been discovered by aliens, but they have some pretty good reasons to hide.

            Almost everyone is said to benefit from a scientifically supported method for improving sleep.

            2,500-year-old rock engravings were found near Mosul, Iraq.

            Is the soul of a person eternal? the findings of scientists

            With its most recent move, is General Electric abandoning wind power?

          • Crypto
          • Entertainment
            • All
            • Gaming
            • Sports
            Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

            Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

            Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

            Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

            ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

            ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

            UFC 316 – Merab Dvalishvili vs Sean O’Malley 2: Fight time, full card, TV channel and live stream ahead of huge rematch

            UFC 316 – Merab Dvalishvili vs Sean O’Malley 2: Fight time, full card, TV channel and live stream ahead of huge rematch

            Olympics gender row boxer Imane Khelif BANNED from next week’s World Cup as chiefs introduce mandatory sex testing

            Olympics gender row boxer Imane Khelif BANNED from next week’s World Cup as chiefs introduce mandatory sex testing

          • Lifestyle
            • All
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            • food
            • Home improvement
            • Travel
            A Site for Situated Practices: Mezzanine

            Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

            Discover Amsterdam’s beauty from the water

            An adventure on the canals of Amsterdam

            An adventure on the canals of Amsterdam

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

            after builders cleaning

            After Builders Cleaning Services in UK with Cliffycox: Reviving Spaces, Redefining Cleanliness

            Creating an Oasis Deponti Glass Room Products and Maze Outdoor Kitchens

            Creating an Oasis: Deponti Glass Room Products and Maze Outdoor Kitchens

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          You don't have money in this bank, RBI canceled the license

          by Anderson
          June 17, 2024
          in Asian Business
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          You don't have money in this bank, RBI canceled the license

          The Reserve Bank of India (RBI) has taken a big decision today. The license of a co-operative bank has been revoked. The name of the bank whose license has been revoked by the Central Bank is Purvanchal Co-operative Bank, located in Ghazipur, Uttar Pradesh. The Central Bank has said that Purvanchal Cooperative Bank does not have sufficient capital and earning potential. The RBI said in a statement that the Cooperative Commissioner and Registrar of Cooperative Societies of Uttar Pradesh have been asked to order closure of the bank and appointment of a liquidator.

          What will happen to those who have money in this bank?

          Under liquidation each depositor will get only Rs. 5 lakh will be entitled to get their deposit amount. RBI said that as per Purvanchal Cooperative Bank data, about 99.51 per cent depositors are entitled to get their entire deposits from DICGC. The central bank said that the co-operative bank with its current financial position is unable to fully repay its existing depositors.

          What did RBI say?

          RBI has said that the bank does not have sufficient capital and earning capacity. If the bank is allowed to continue the banking business, it will adversely affect the public interest. Let us tell you that the Reserve Bank of India took strict action against two big private sector banks. The RBI imposed a penalty of crores while cracking down on Yes Bank and ICICI Bank. The banking regulator says Yes Bank and ICICI Bank are violating several central bank regulations. Because of this, a fine of 91 lakh rupees has been imposed on Yes Bank and 1 crore rupees on ICICI Bank.

          Due to this penalty has been imposed

          The RBI had recently informed that both the banks were not following several guidelines. According to the RBI, Yes Bank was accused of violating guidelines related to customer service and internal and office accounts. Many such cases came before the RBI in which the bank charged several accounts due to insufficient balance. Also illegal activities were taking place from internal and office accounts.

          RBI in its assessment found that this was done several times by Yes Bank during the year 2022. The bank opened and operated certain internal accounts in the name of its customers for illegal purposes such as parking funds and routing customer transactions. A fine of Rs 91 lakh has been imposed on the bank for not complying with all these instructions.

          . Source

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