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Why global markets are rattled by Chinese builder s financial woes

China injects US$18 6 billion into banking system during Evergrande crisis

China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets.

Depositors of 21 Banks, including PMC Bank, to Receive Max Rs5 Lakh by 29th December: DICGC

Depositors of 21 banks, including Punjab and Maharashtra Cooperative (PMC) Bank, will receive up to Rs5 lakh from the Deposit Insurance & Credit Guarantee Corporation (DICGC) within 90 days or by 29 December 2021 under the all-inclusive directions (AID).

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