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PMC BANK RESTRICTIONS
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...25 Jun, 2021, 05.56 PM IST- 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 ...20 Jun, 2021, 07.53 PM IST
- 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...05 May, 2021, 06.06 PM IST
- RBI says engaged with prospective investors to secure best terms for PMC Bank depositorsIn September 2019, the RBI had superseded the board of PMC and placed it under regulatory restrictions, including cap on withdrawals by cus...26 Mar, 2021, 09.25 PM IST
- PMC Bank gets four investment proposals, says RBILast month, PMC had invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for it...18 Dec, 2020, 09.21 PM IST
- 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...01 Dec, 2020, 01.37 PM IST
- 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 ...23 Sep, 2020, 07.28 PM IST
- 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...14 Aug, 2020, 09.31 PM IST
- Pawar meets Anurag Thakur to discuss revival of scam-hit PMC BankThe PMC Bank has been put under restrictions by the RBI, after a multi-crore scam came to light following which the deposit withdrawal was ...13 Jan, 2020, 12.59 PM IST
- Bombay High Court junks PMC Bank depositors' plea for lifting of restrictionsIn their pleas, the petitioners alleged that the RBI's decision (to put restrictions on cash withdrawal) was irrational, arbitrary and viol...05 Dec, 2019, 08.01 PM IST
- 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...05 Dec, 2019, 03.55 PM IST
- PMC case: 'Depositors can approach RBI admin for emergency withdrawals'In an affidavit filed in the HC in response to petitions challenging the fund withdrawal restrictions, the RBI has mentioned the withdrawal...19 Nov, 2019, 04.37 PM IST
- Closely monitoring situation at PMC Bank; forensic audit underway: RBI Guvunjab & Maharashtra Cooperative Bank (PMC Bank), among the top 10 urban cooperative banks in the country, was placed under an RBI administr...07 Nov, 2019, 07.33 PM IST
- PIL in HC seeks lifting of restriction on cash withdrawal from PMC bankA bench of Chief Justice D N Patel and Justice C Hari Shankar issued notice to the Finance Ministry, Delhi government, RBI and the PMC bank...01 Nov, 2019, 12.51 PM IST
- 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.26 Sep, 2019, 04.10 PM IST
- 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.26 Sep, 2019, 02.15 PM IST
- 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.25 Sep, 2019, 02.24 PM IST
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