Search For "punjab and maharashtra cooperative bank"
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.
Read More
RBI quells rumours on banking system, says no need for depositors to panic
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 1 (ANI): The Reserve Bank of India (RBI) on Tuesday sought to quell rumours in some locations about certain banks including cooperative banks, resulting in anxiety among the depositors.
Read More
Congress accuses RBI of systemic failure as regulator
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 27 (ANI): The Congress on Friday accused the Reserve Bank of India (RBI) of 'systemic failure' in regulating the affairs of Punjab and Maharashtra Cooperative Bank and demanded the central bank should withdraw instructions to restrict withdrawals initially to Rs 1,000
Read More
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.
Read More
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.
Read More
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
Read More