Search For "pmc"
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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PMC bank account holders upset over Rs 1,000 withdrawal limit rule
Updated : 6 years, 5 months ago IST
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.
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Kirit Somaiya requests RBI to initiate criminal action against HDIL and PM
Updated : 6 years, 5 months ago IST
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.
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Social media rumours of banks shutting down false: RBI
Updated : 6 years, 5 months ago IST
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.
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Decision on PMC bank important for compliance: MoS Finance Anurag Thakur
Updated : 6 years, 5 months ago IST
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.
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RBI restricts activities of PMC Bank due to heightened risks
Updated : 6 years, 5 months ago IST
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
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Bihar: Former ward councillor shot dead outside his house in Patna
Updated : 6 years, 6 months ago IST
Patna (Bihar) [India], Sept 1 (ANI): Former Patna Municipal Corporation (PMC) ward councillor Nageshwar Rai was shot dead in broad daylight by unknown assailants near his house in Chitragupta Nagar here on Sunday.
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