Mumbai (Maharashtra) [India], Mar 12 (ANI): The Economic Offences Wing (EOW) of Mumbai Police on Thursday arrested three persons including the former director of Punjab and Maharashtra Co-operative Bank (PMC) for alleged involvement in a scam.
New Delhi [India], Mar 6 (ANI): Citing examples of crisis in PMC Bank and Yes Bank, former Finance Minister and senior Congress leader P Chidambaram on Friday slammed the BJP-led central government and asked whether there is a third bank in the line.
New Delhi [India], Feb 7 (ANI): In a major relief to the real estate company Housing Development and Infrastructure Ltd (HDIL), the Supreme Court on Friday stayed a Bombay High Court order which directed sale of the company's assets to repay the dues of Punjab and Maharashtra Co-operative (P
Mumbai (Maharashtra) [India], Feb 6 (ANI): The Economic Offence Wing (EOW) of Mumbai Police has filed its supplementary charge sheet in Punjab and Maharashtra Co-Operative (PMC) Bank case.
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) on Tuesday approached the Supreme Court challenging a Bombay High Court order which had earlier directed for the sale of HDIL assets to recover the dues of crisis-hit PMC Bank.
New Delhi [India], Jan 22 (ANI): The Delhi High Court adjourned the hearing on a petition seeking enhancement of withdrawal limits in Punjab and Maharashtra Co-operative (PMC) Bank.
New Delhi [India], Jan 21 (ANI): The Reserve Bank of India (RBI) on Tuesday told the Delhi High Court that restrictions imposed on withdrawal limits on Punjab and Maharashtra Cooperative (PMC) Bank customers is based on the bank's liquidity position and ability to pay its depositors.
New Delhi [India], Jan 16 (ANI): The Supreme Court on Thursday stayed the release of HDIL directors -- Rakesh Wadhawan and Sarang Wadhawan -- accused of siphoning of funds, in PMC Bank scam case.
Mumbai (Maharashtra) [India], Jan 15 (ANI): Bombay High Court on Wednesday appointed a three-member committee headed by retired Judge S Radhakrishnan to expeditiously recover dues payable by Housing Development Infrastructure Limited (HDIL) to crisis-hit PMC Bank by valuation and sale of enc
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
New Delhi [India], Jan 13 (ANI): Nationalist Congress Party chief Sharad Pawar on Monday met Minister of State for Finance Anurag Thakur, over the issue of revival of Punjab and Maharashtra Co-operative(PMC) Bank.