Mumbai (Maharashtra) [India], Sept 26 (ANI): Following RBI restrictions on activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months, several account holders gathered outside the Sion branch here on Thursday.
New Delhi [India], Sept 26 (ANI): BJP leader Kirit Somaiya on Thursday wrote a letter to the Reserve Bank of India (RBI) requesting it to initiate criminal action against the management of HDIL company and PMC Bank for allegedly looting the deposits of people.
New Delhi [India], Sept 25 (ANI): The government and Reserve Bank of India (RBI) denied reports on Wednesday that the regulator is closing down at least nine commercial banks soon.
New Delhi [India], Sept 25 (ANI): Minister of State for Finance Anurag Thakur on Wednesday said that RBI's decision on the Punjab and Maharashtra Cooperative Bank (PMC Bank) to ensure compliance was necessary but steps should be taken so that the stakeholders are not inconvenienced.
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowal