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PMC BANK CUSTOMERS
Adani arm gets clean chit from CESTAT in over-invoicing caseSources told ET that the department has sent a proposal to the Central Board of Indirect Taxes and Customs (CBIC) for filing an appeal befo...- Stressed PMC Bank customers not to get Rs 5 lakh deposit cover in first lot: RBIThe Reserve Bank of India (RBI) had imposed restrictions on the withdrawal of deposits from these stressed banks. Of the 20 banks, 10 are f...
- View: UCBs are now RBI’s baby — just like YES Bank and LVB areThe troubles with Yes Bank were as much a reflection of questionable loans as it was of regulatory lapses. Letting a large, new-age bank co...
- RBI extends restrictions on PMC Bank till December 31"Taking into account the time required for completion of various activities involved in the process, it is considered necessary to extend t...
- PMC Bank depositors should get back deposits without any condition: NCUIReacting to RBI's in principle approval to Centrum Financial Services, NCUI President Dileep Sanghani in a statement said, "This is indeed ...
- RBI boost to Centrum’s PMC takeover planRBI took control of PMC Bank in September 2019 following accusations of money laundering.
- Bombay HC grants bail to three former directors of PMC Bank in Rs 4,300 cr scam caseOn Wednesday, Justice Prakash D Naik, while granting bail to Nandrajog, Bavisi and Bane in an oral order directed them to submit their pass...
- RBI says engaged with prospective investors to secure best terms for PMC Bank depositorsIn September 2019, the RBI had superseded the board of PMC and placed it under regulatory restrictions, including cap on withdrawals by cus...
- PMC Bank depositors seek views of RBI ex-Guv Urjit Patel, his deputy Viral AcharyaPMC depositors have sought the views of RBI ex-Guv Urjit Patel and his deputy Viral Acharya on several issues, including monetisation of th...
- Assure our money is safe, revive PMC Bank: Depositors urge RBIAround 200 customers gathered outside the RBI's office in the Bandra-Kurla Complex on Tuesday and said they want their accounts with the PM...
- For no fault of theirs, PMC depositors may be in defaultDepositors could be tagged as defaulters if they fail to make repayments on loans.
- SC to hear on Friday plea seeking interim protective measures for insuring PMC Bank customersThe petition has sought a direction for issuance of "exhaustive and comprehensive guideline" to safeguard the banking and co-operative depo...
- RBI increases withdrawal limit for PMC Bank depositors from Rs 25,000 to Rs 40,000The economic offences wing of Mumbai Police jaarrested Rakesh Wadhwan and his son Sarang Wadhwan, directors of HDIL.
- After PMC shock, work starts on stronger rules for cooperativesRBI and finance ministry have started working on an improved framework for the oversight of cooperatives.
- Will discuss PMC Bank issue with PM: Devendra Fadnavis tells depositorsAggrieved depositors put forth their woes to the CM, who gave them a patient hearing, but said he could not give them any assurance as the ...
- RBI raises withdrawal limit from Rs 1,000 to Rs 10,000 for PMC Bank customersThe central bank has hiked withdrawal limit to Rs 10,000 from Rs 1,000.
- RBI increases withdrawal limit to Rs 10,000 for PMC Bank customersEarlier, the RBI has put the restrictions on withdrawal of Rs 1000 for six months making deposit holders panic.
- Customers file police complaint against PMC Bank's officialsA delegation of account-holders went to Sion police station in central Mumbai and submitted the complaint against officials of the bank.
- PMC says has enough liquidity, depositors' money fully safeRBI superseded the bank's management and placed it under an administrator for the next 6 months.
- How a single account pulled down 35-year-old PMC bankRBI yesterday put a slew of restrictions on PMC Bank for six months citing several regulatory lapses.
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