Advertisement


Pmc Bank
Business  /  Published 01.11.19

RBI rejig to stem frauds

The RBI on Friday reorganised its supervisory and regulatory functions as it seeks to clamp down on frauds that have wracked the banking system.In supervision, the separate departments to monitor bank...
By Our Special Correspondent in Mumbai

India  /  Published 21.10.19

PMC crisis: Money stuck, trust lost

The Reserve Bank of India has clamped down on the operations of the crisis-hit Punjab and Maharashtra Cooperative Bank but, nearly a month on, depositors say their troubles have only worsened.Some hav...
By PTI in Mumbai

India  /  Published 06.10.19

Ex-chairman of PMC Bank sent to police custody till October 9

Waryam Singh, a former chairman of Punjab and Maharashtra Cooperative (PMC) Bank arrested in connection with the alleged Rs 4,355 crore scam at the bank, was on Sunday sent to police custody till Octo...
By PTI in Mumbai

Business  /  Published 04.10.19

PMC Bank case: Wadhawans sent to police custody till October 9

HDIL chairman and managing director Rakesh Wadhawan and his son Sarang were on Friday sent to police custody till October 9 in the Punjab Maharashtra Cooperative Bank scam, an official said.They were ...
By PTI in Mumbai

Business  /  Published 04.10.19

PMC Bank case: ED raids 6 locations

The ED on Friday raided six locations in Mumbai and its adjoining areas and registered a money-laundering case to probe the alleged fraud in the Punjab and Maharashtra Cooperative (PMC) Bank case, off...
By PTI in Mumbai

Business  /  Published 19.05.20

Delhi High Court query to Centre on PMC revival

The Delhi High Court has asked the Centre to state whether it intends to infuse funds in the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank, much like the infusion in Yes Bank.Justice Rajiv Sh...
By Our Special Correspondent in New Delhi

India  /  Published 16.10.19

Cong bank dare to PM

The Congress on Wednesday dared Prime Minister Narendra Modi to allow account holders of PMC (Punjab and Maharashtra Cooperative) Bank to withdraw their deposits instead of throwing meaningless challe...
By Our Special Correspondent in New Delhi

Business  /  Published 27.12.19

PMC scam chargesheet filed

The Economic Offences Wing (EOW) of the Mumbai police on Friday submitted a 32,000-page chargesheet against five persons in the multi-crore Punjab and Maharashtra Cooperative (PMC) Bank scam at a metr...
By Our Special Correspondent in Mumbai

Business  /  Published 26.09.19

RBI relaxes PMC curb

In a relief to the worried customers of Punjab & Maharashtra Cooperative Bank (PMC Bank), the Reserve Bank of India on Thursday raised the cash withdrawal limit to Rs 10,000 per account.According ...
By Our Special Correspondent in Mumbai

Business  /  Published 05.12.19

Check on urban co-op banks

The RBI will amend some regulatory guidelines of urban co-operative banks in the wake of the PMC Bank scam, including exposures to entities and bringing them under a stricter reporting framework. The ...
By Our Special Correspondent in Mumbai


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.