Videocon case: Kochhar yet to return ICICI Bank bonus



Kochhar was directed to return about Rs 10 crore in cash bonuses she had received as CEO, and also give up close to 6 million shares of the bank she had as stock option, which was about Rs 350 crore.



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PMC scam: Bank deposit insurance cover to be hiked



At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.



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Time is running out for Lakshmi Vilas Bank



‘It’s a toss-up between a fire sale of equity or merger with a strong bank,’ points out Tamal Bandyopadhyay.



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Demonetise Rs 2000 notes, says ex-babu in fin min



“Cash is still quite high in the system. There is also stocking of Rs 2,000 notes in evidence. The expansion of digital payments is taking place all over the world. It is happening in India as well. The pace is much slower,” S C Garg, who took VRS from government service after he was abruptly shifted out of the finance ministry, said in a note.



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