Search For "pmc bank"
PMC Bank scam: HDIL Directors sent to police custody till Oct 9
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Promoters of debt-ridden Housing Development and Infrastructure Ltd (HDIL) Rakesh and Sarang Wadhawan, accused in Punjab and Maharashtra Co-operative (PMC) Bank scam, were sent to police custody till October 9 by the Esplanade Court.
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PMC bank crisis: ED files case against two HDIL directors
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Enforcement Directorate, Maharashtra has registered an Enforcement Case Investigation Report (ECIR) to probe erring bank officials in connection with the Punjab and Maharashtra Cooperative (PMC) Bank case.
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Priyanka terms PMC Bank crisis as scam, says bigwigs looted people's money
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 3 (ANI): Congress general secretary Priyanka Gandhi Vadra on Thursday termed the Punjab and Maharashtra Cooperative (PMC) Bank Limited crisis as a "scam" and alleged the big people have looted the money.
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RBI enhances withdrawal limit for PMC Bank depositors to Rs 25,000
Updated : 6 years, 5 months ago IST
New Delhi (India), Oct 3 (ANI): The Reserve Bank of India (RBI) on Thursday enhanced the withdrawal limit for the depositors of Punjab And Maharashtra Cooperative Bank Ltd to Rs 25,000.
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Mumbai Police arrest two HDIL directors in PMC bank case
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 3 (ANI): Economic Offence Wing of Mumbai Police on Thursday arrested Housing Development Infrastructure Limited (HDIL) Directors Sarang Wadhawan and Rakesh Wadhwan. They are accused of loan default in connection with Punjab and Maharashtra Cooperative (PMC)
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PIL in Bombay HC seeking to quash RBI's directions imposing restrictions o
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 30 (ANI): A public interest litigation (PIL) was filed in the Bombay High Court seeking to quash the RBI directions imposing withdrawal limits on account holders in Punjab and Maharashtra Cooperation (PMC) bank.
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Mumbai: EOW registers FIR against HDIL, PMC bank officials
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 30 (ANI): The Economic Offences Wing (EOW) of Mumbai Police on Monday registered an FIR against the senior officials of HDIL and PMC bank in connection with a fraud of over Rs 4,355 crores.
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PMC bank didn't disclose exposure for over 6 years: Suspended MD Joy Thoma
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 28 (ANI): Punjab Maharashtra Cooperation (PMC) Bank did not report the financial exposure to the Reserve Bank of India (RBI) for over six years, suspended MD, Joy Thomas admitted on Friday.
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Suspended PMC Bank MD says withdrawal limit for depositors could soon be R
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 28 (ANI): The limit for withdrawal for the depositors of the Punjab and Maharashtra Co-operative (PMC) Bank has been increased to Rs 10,000 and it might soon be extended to Rs 1 lakh, said suspended Managing director of the bank, Joy Thomas.
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Affected by PMC bank restrictions, many threaten to boycott upcoming Assem
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 27 (ANI): A group of people affected by the cash withdrawal restrictions of Punjab and Maharashtra Cooperative (PMC) Bank has threatened to boycott the upcoming Assembly elections if the issue is not resolved.
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Somaiya urges EOW to register case of criminal conspiracy against manageme
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 26 (ANI): Former BJP MP Kirit Somaiya on Thursday accused the top management of PMC Bank and HDIL of looting the bank and demanded that a case of criminal conspiracy be filed in this regard.
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RBI increases withdrawal limit from Rs 1,000 to 10,000 for PMC Bank custom
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): In a relief for Punjab and Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India (RBI) on Thursday increased the withdrawal limit from Rs 1,000 to 10,000.
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