Search For "pmc bank"
After PMC debacle, RBI to issue draft norms for cooperative banks
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) said on Thursday it will take steps to strengthen the safety of depositors dealing with cooperative banks.
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Mumbai: EOW arrests 3 PMC Directors in Bank scam case
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 3 (ANI): The Economic Offences Wing (EOW) of Mumbai police on Tuesday arrested three Directors of the Board of Punjab and Maharashtra Co-operative (PMC) Bank in connection with the alleged bank scam case.
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Nirmala Sitharaman: Nearly 78 per cent PMC bank depositors allowed to with
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 2 (ANI): Finance Minister Nirmala Sitharaman on Monday said that nearly 78 per cent of depositors of Punjab and Maharashtra Corporation bank are now allowed to withdraw their entire account balance.
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PMC Bank case: ED nod for sale of Rs 200 crores worth properties of Wadhwa
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 23 (ANI): The Enforcement Directorate has given its nod for sale of two private jets and a yacht owned by HDIL promoters Rakesh Kumar Wadhawan and Sarang Wadhawan in connection with the PMC Bank scam.
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Withdrawal limit should be increased: Eknath Gaikwad on PMC Bank crisis
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Congress leader Eknath Gaikwad on Tuesday wrote a letter to Maharashtra Governor Bhagat Singh Koshyari over the PMC Bank crisis and suggested that the Reserve Bank of India should increase the withdrawal limit to Rs 2 lakh per month for saving acco
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PMC Bank depositors protest after Bombay HC refuses to quash withdrawal li
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Hundreds of Punjab and Maharashtra Co-operative (PMC) Bank account holders protested outside the Bombay High Court here on Tuesday after it refused to interfere into an RBI order restricting the limit of money withdrawal.
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RBI files affidavit in Bombay HC on pleas challenging withdrawal limit imp
Updated : 6 years, 3 months ago IST
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
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Mumbai: EOW arrests former PMC Bank director
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (ANI): A former director of PMC Bank was arrested by the Economic Offence Wing (EOW) of the Mumbai Police here on Saturday.
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Govt mulling to increase insurance limit from current Rs 1 lakh on deposit
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): The Finance Ministry is considering proposals to increase the insurance limit from the current Rs 1 lakh on deposits in banks, Finance Minister Nirmala Sitharaman said on Friday.
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NABARD seeks credit disbursal from banks on monthly basis
Updated : 2 years, 4 months ago IST
New Delhi [India], Nov 12 (ANI): To avoid situations like the PMC Bank scam, National Bank for Agriculture and Rural Development (NABARD) has directed cooperative and regional rural banks to submit information about their credit disbursal every month.
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PMC bank scam: Arrested auditors to be produced before court today
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 12 (ANI): The economic offence wing (EOW) of Mumbai Police will on Tuesday produce two auditors who were arrested for deliberately overlooking irregularities in Punjab and Maharashtra Cooperative (PMC) Bank before a local court.
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Mumbai : EOW arrests two auditors in connection with PMC Bank scam
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 12 (ANI): The Economic Offences Wing (EOW) on Monday arrested two auditors in connection with PMC Bank scam and will produce them in Court today seeking their police remand. Earlier five accused have been arrested in the case.
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