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PMC Bank scam: Depositors stage protest in Mumbai
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 19 (ANI): Scores of depositors of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank staged a protest here on Saturday demanding the removal of restriction on cash withdrawal imposed by the Reserve Bank of India (RBI), which is currently capped at Rs
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SC refuses to entertain plea seeking relief from RBI's money withdrawal li
Updated : 6 years, 5 months ago IST
New Delhi, Oct 18 (ANI): In another setback to PMC bank account holders, the Supreme Court on Friday refused to entertain a petition which sought direction to Reserve Bank of India (RBI) against putting a restriction on withdrawal of money.
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PIL in SC challenges RBI circulars restricting money withdrawal from co-op
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 17 (ANI): A petition was filed in the Supreme Court on Thursday challenging the RBI circulars restricting the withdrawal of money from the co-operative banks.
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Appeal to PM, FM and Maharashtra CM to resolve grievances of affected 16 l
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 17 (ANI): Former prime minister Dr Manmohan Singh on Thursday appealed to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Maharashtra Chief Minister Devendra Fadnavis to look into the Punjab and Maharashtra Co-operative (PMC) Bank matte
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Bombay HC agrees to hear PIL seeking relief from RBI order on withdrawal l
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 17 (ANI): The Bombay High Court on Thursday agreed to hear the Public Interest Litigation (PIL) which sought relief from an RBI order of Rs 10,000 withdrawal limit in Punjab and Maharashtra Co-operative (PMC) Bank.
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Maharshtra: Delegation of 15 depositors of PMC Bank to meet Manmohan Singh
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 17 (ANI): A delegation of 15 depositors of Punjab and Maharashtra Co-operative (PMC) Bank will on Thursday meet former prime minister Dr Manmohan Singh to discuss their grievances and request his intervention in the matter in the bank scam case.
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India invites US investments in infrastructure projects
Updated : 6 years, 5 months ago IST
New York [USA], Oct 17 (ANI): Finance Minister Nirmala Sitharaman has invited US investments in infrastructure projects and reiterated the government's commitment towards transparent policy-making.
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PMC bank case: Former director Surinder Arora being questioned
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 16 (ANI): Former director of Punjab and Maharashtra Co-operative (PMC) Bank Surinder Arora is being questioned in connection with the bank scam case, the Mumbai Police's Economic Offences Wing (EOW) said on Wednesday.
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Shiv Sena MPs meet RBI Governor amid PMC bank crisis
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 15 (ANI): A delegation of Shiv Sena MPs on Tuesday met RBI Governor Shaktikanta Das requesting him to redress issues related to the PMC bank depositors.
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RBI imposes Rs 1 crore fine on LVB, Rs 75 lakh on Syndicate Bank for viola
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 15 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions of directions on Income Recognition and Asset Classification (IRAC) norms.
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More property seized compared to level of fraud in PMC bank: Amit Shah
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 14 (ANI): Union Home Minister Amit Shah has said that more property has been seized compared to the level of fraud in the Punjab and Maharashtra Co-operative (PMC) Bank case and assured investors that their interests will be protected.
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RBI enhances withdrawal limit for PMC Bank depositors to Rs 40,000
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 14 (ANI): The Reserve Bank of India (RBI) has enhanced the withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd to Rs 40,000.
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