Searched for
PMC BANK DEPOSITORS
Delhi HC dismisses challenge to restrictions on withdrawal from PMC Bank"Despite sympathising with the position in which the petitioners find themselves, I am unable to grant the relief sought in this petition. ...- Unity Small Finance Bank pays Rs 3,800 crore to 8.5 lakh PMC Bank depositors“Unity SFB received from DICGC a certified list of erstwhile PMC Bank depositors who are eligible to receive up to Rs5 lakh of their deposi...
- RBI details draft amalgamation plan for PMC BankThe Reserve Bank of India (RBI) has detailed a draft scheme for the merger of sick Punjab and Maharashtra Cooperative (PMC) Bank with the n...
- RBI scheme says PMC depositors to be paid over a period of 3 to 10 yrsThe scheme says that depositors can claim upto Rs 50,000 at the end of three years and further can claim Rs 1 lakh at the end of four years...
- RS passes Deposit Insurance & Credit Guarantee Corporation (Amendment) BillThe Bill proposes that even if a bank is temporarily unable to fulfil its obligations due to restrictions such as moratorium, depositors ca...
- Given approval to set up small finance bank to take over PMC Bank: RBI to HCThe court was hearing an application by consumer rights activist Bejon Kumar Misra seeking directions to the RBI to consider other needs of...
- 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 ...
- Exceptions can be carved out for medical and educational emergencies of PMC bank depositors: HC to RBIA bench of Chief Justice D N Patel and Justice Jyoti Singh asked the depositors, whose needs have been highlighted before the court in a PI...
- HC pulls up RBI for leaving it to PMC bank to decide depositors requests for money in emergenciesPunjab and Maharashtra Cooperative Bank has been put under restrictions, including limiting withdrawals, by the RBI, following the unearthi...
- One year later, PMC Bank depositors still struggling to get their money backPMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get ...
- As PMC Bank case drags on, depositors reduced to surviving on borrowing, charityThe RBI took control of PMC last September after it was accused of fraud and concealing non-performing loans. PMC's top officials and the o...
- Withdrawal limit of Rs 1L on PMC bank can't be increased due to lack of liquidity: RBIIt also told a bench of Chief Justice D N Patel and Justice Prateek Jalan that the insurance cover of Rs five lakh being provided to each d...
- 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...
- Plea to release Rs 5 lakh to PMC bank depositors; Delhi HC seeks Centre, RBI standA bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Finance Ministry, Reserve Bank of India and PMC Bank seek...
- HC queries Centre, RBI on different treatment to PMC Bank depositors vis-a-vis Yes BankThe court noted that as per a March notification issued by the Centre, the RBI as well as the central government had a crucial role to play...
- PMC Bank depositors' worries to be taken up with RBI: MinisterPunjab and Maharashtra Cooperative (PMC) Bank, over a long period of time, had given more than Rs 6,700 crore in loans to the Housing Devel...
- Maha govt suggests merger of troubled PMC Bank with MSC BankThe PMC Bank has been put under restrictions by the RBI, after an alleged Rs 4,355 crore scam came to light following which the deposit wit...
- 78% depositors of PMC Bank can withdraw entire deposits: GovernmentThe minister said steps are being taken to seize properties of promoters of the PMC Bank, auction such properties and repay depositors with...
- In huge relief to PMC Bank depositors, RBI increases withdrawal limit to Rs 50,000The Reserve Bank of India has increased the withdrawal limit to Rs 50,000.
- PMC Bank depositor dies, family says no link with crisis68-year-old Keshumalbhai Hinduja, who had an account with the scam-hit PMC Bank died in suburban Mulund, his relatives said on Thursday. Th...
Load More
