Punjab Maharashtra Co Operative Bank Pmc
Business  /  Published 23.09.20

PMC Bank gets new administrator

The RBI has appointed A.K. Dixit, former general manager of Union Bank of India, as the new administrator of Punjab and Maharashtra Cooperative Bank (PMC Bank) with effect from Wednesday. He will repl...
By Our Special Correspondent in Mumbai

Business  /  Published 24.09.19

Fetters on PMC Bank depositors

The Reserve Bank of India (RBI) on Tuesday came down hard on Punjab & Maharashtra Co-operative Bank (PMC) for under-reporting its bad loans.Depositors, the RBI said, can withdraw just Rs 1,000 in ...
By Our Special Correspondent in Mumbai

Business  /  Published 26.09.19

RBI allows PMC customers to withdraw Rs 10,000

In a relief to the harried customers of crisis-hit Punjab & Maharashtra Cooperative Bank, the Reserve Bank of India on Thursday increased the cash withdrawal limit to Rs 10,000 per account, which ...
By PTI in Mumbai

Business  /  Published 20.10.19

Nirmala Sitharaman nudge to firms keen to exit China

Union finance minister Nirmala Sitharaman on Saturday said she will prepare a blueprint for international companies that are looking beyond China to make India as their preferred investment destinatio...
By PTI in Washington

India  /  Published 19.10.19

Congress: PM focus not on country

The Congress on Saturday said Prime Minister Narendra Modi has been harping only on Article 370 in the Maharashtra and Haryana Assembly election campaign while ignoring vital concerns like the economi...
By Our Special Correspondent in New Delhi


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