Search For "pmc bank"
Process for recovering money for depositors post loan write-off "layered",
Updated : 3 years, 2 months ago IST
Union finance minister Nirmala Sitharaman on Monday said the processes for recovering money for depositors post bank loan write-offs are "layered", while noting that small depositors are put to "extreme difficulty" in the process of justice delivery.
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PMC Bank fraud case: Bombay HC grants bail to Vivo Group's auditor
Updated : 3 years, 10 months ago IST
Mumbai [India], April 28 (ANI): The Bombay High Court has granted bail to Madan Chaturvedi, chartered accountant of Vivo Group in connection with the Rs 4,300-crore PMC Bank alleged fraud case. He was arrested on January 23, 2021, and since then was in custody in the case.
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Probe on in Kirit, Neil Somaiya alleged links in PMC Bank scam: Sanjay Rau
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 2 (ANI): Stating that the Maharashtra Police are investigating the alleged links of Kirit Somaiya's son Neil Somaiya with an accused in the PMC Bank scam, Shiv Sena leader Sanjay Raut on Wednesday said that the father-son duo and a few officials of Cent
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'Bap-beta jail jayenge': Sanjay Raut referring to Kirit, his son
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 2 (ANI): Referring to the arrest of Neil Somaiya, son of BJP leader Kirit Somaiya for his alleged links with an accused in the PMC Bank scam, Shiv Sena's Rajya Sabha MP Sanjay Raut said that father and son duo will be jailed soon.
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Mumbai: Sanjay Raut issues defamation notice Chandrakant Patil
Updated : 4 years, 5 months ago IST
Maharashtra [India], October 9 (ANI): Rajya Sabha MP and Shiv Sena leader Sanjay Raut on Friday issued a legal notice to the BJP state President Chandrakant Patil for his alleged defamatory comment linking him and his wife, Varsha to the PMC Bank scam.
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PMC bank scam: ED attaches Rs 233-Cr shares of HDIL group
Updated : 4 years, 6 months ago IST
New Delhi [India], September 3 (ANI): The Enforcement Directorate (ED) has attached partly paid Compulsorily Convertible Preference shares of the Housing Development Infrastructures Limited (HDIL) group companies totaling Rs 233 crore in Rs 4,355 crore PMC bank scam.
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'We are in process to setup small finance bank which will take over PMC Ba
Updated : 4 years, 8 months ago IST
New Delhi [India], July 12 (ANI): The Reserve Bank of India on Monday said it has given "in-principle" approval to one Centrum Financial Services Ltd (CFSL) to set up a small finance bank (SFB), which will take over the beleaguered Punjab and Maharashtra Cooperative Bank (PMC Bank) very s
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RBI gives nod to Centrum Financial Services for small finance bank
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): The Reserve Bank of India (RBI) on Friday decided to grant in-principle approval to Centrum Financial Services Ltd to set up a small finance bank.
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Depositors are already allowed to withdraw up to Rs 5 lakhs for treatment,
Updated : 4 years, 10 months ago IST
New Delhi [India], May 14 (ANI): The Reserve Bank of India (RBI) in a response filed in Delhi High Court stated that depositors Punjab Maharashtra Cooperative (PMC) Bank are already allowed to withdraw up to Rs 5 lakhs on hardship grounds for treatment of terminal illnesses, including treatm
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HC issues notice to PMC Bank on plea seeking release of emergency funds to
Updated : 4 years, 10 months ago IST
New Delhi [India], May 3 (ANI): The Delhi High Court on Monday issued notice to the Centre, Reserve Bank of India (RBI), Punjab and Maharashtra Cooperative (PMC) Bank and others on an application seeking immediate release of emergency funds to meet the financial needs arising out of sudden o
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Viva Group MD Mehul Thakur sent to 4-day ED custody
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 23 (ANI): Viva Group Managing Director (MD) Mehul Thakur and Director Madan Gopal Chaturvedi on Saturday were sent to four-day Enforcement Directorate custody in connection with Punjab and Maharashtra Cooperative Bank (PMC) and Housing Development and In
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ED arrests 2 top officials of Viva Group in PMC Bank case
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 23 (ANI): Viva Group Managing Director Mehul Thakur and Director Madan Gopal Chaturvedi have been arrested by the Enforcement Directorate (ED) in connection with Punjab and Maharashtra Cooperative Bank (PMC) and Housing Development and Infrastructure Lim
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