Bengaluru (Karnataka) [India], Jan 14 (ANI): After the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Tuesday said that the Central government is committed to protecting the interests of the bank's depos
Bengaluru (Karnataka) [India], Jan 14 (ANI): After the Reserve Bank of India (RBI) has restricted the Sri Guru Raghavendra Co-operative Bank from doing business with immediate effect and capped withdrawal limit at Rs 35,000, the depositors on Tuesday queued up outside branches of the bank in
Bengaluru (Karnataka) [India], Jan 14 (ANI): Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally mon
Chandigarh (Punjab) [India], Nov 28 (ANI): Punjab cabinet minister Sukhjinder Singh Randhawa on Thursday met Union Minister Anurag Thakur and demanded an early merger of District Central Co-operative Banks into Punjab State Co-Operative Bank with a single focus for the restructuring of Co-op
Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India (RBI) on Tuesday filed a detailed affidavit in the Bombay High Court on a batch of petitions filed by the depositors of the Punjab & Maharashtra Co-operative Bank (PMC) challenging the limit imposed by it on the withdrawal
New Delhi [India], Nov 1 (ANI): The Delhi High Court on Friday sought a reply from the Centre, Reserve Bank of India and others on a plea against withdrawal limits in Punjab and Maharashtra Cooperative (PMC) Bank.
Mumbai (Maharashtra) [India], Oct 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Janata Sahakari Bank Ltd, Pune and of Rs 25 lakh on Jalgaon Peoples Co-operative Bank Ltd.
Mumbai (Maharashtra) [India], Oct 23 (ANI): One more death has been reported ever since the Punjab and Maharashtra Cooperative Bank (PMC) scam was unearthed.
New Delhi [India], Oct 22 (ANI): The special Prevention of Money Laundering (PMLA) court here on Tuesday extended the Enforcement Directorate (ED) custody of Rakesh Kumar Wadhawan and his son Sarang Wadhawan, accused in the PMC Bank fraud case, till October 24.
New Delhi [India], Oct 17 (ANI): A petition was filed in the Supreme Court on Thursday challenging the RBI circulars restricting the withdrawal of money from the co-operative banks.
Mumbai (Maharashtra) [India], Oct 17 (ANI): A delegation of 15 depositors of Punjab and Maharashtra Co-operative (PMC) Bank will on Thursday meet former prime minister Dr Manmohan Singh to discuss their grievances and request his intervention in the matter in the bank scam case.
Mumbai (Maharashtra) [India], Oct 17 (ANI): In a fresh turn of developments, former Managing director of Punjab and Maharashtra Co-operative Bank (PMC) Joy Thomas has been sent to judicial custody for 14 days by Mumbai's Esplanade court for his alleged involvement in the scam.