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PMC BANK SCANDAL
Zero factual inaccuracies with our Adani research: Hindenburg on Sebi notice | Read short seller's full response hereAdani-Hindenburg Case: US-based short-seller Hindenburg Research stated Kotak Bank, one of India’s largest banks and brokerage firms founde...- Ashneer Grover has no individual role in Unity SFB, says Centrum's Jaspal BindraUnity Small Finance Bank has taken over Punjab and Maharashtra Co-Operative Bank (PMC) in a revival programme for the scandal-hit lender.
- Unity Small Finance Bank gets RBI approval to induct Vinod Rai on boardThe appointment of former CAG Vinod Rai as Unity Small Finance Bank’s chairman comes a day after BharatPe cofounder Ashneer Grover went on ...
- RBI issues small finance bank licence to Centrum and BharatPe combineA new bank license has been issued after a gap of nearly 6 years, and we thank the RBI for the confidence shown in the abilities of Centrum...
- RBI extends curbs on the operations at PMC Bank“It is hereby notified for the information of the public that the validity of the aforesaid directive… has been extended for a further peri...
- View: The crisis at YES Bank is an opportunity to start correcting the wrongsThe crisis in YES and its impact on customers nationwide has again raised the issue of business accountability.
- PMC Bank crisis: Should you change your bank? Here's how to evaluateThe PMC Bank crisis has brought safety of bank deposits into focus, but does that fear warrant a bank change?
- Which stocks fell the most due to corporate scandals in past one year?Shares of many companies took a beating in the past year due to numerous scandals that rocked corporate India. We take a look at the bad ne...
- How trust deficit at multiple levels is hampering animal spirits and growth in IndiaIndia’s economy and businesses are facing many measurable, well-understood challenges. But an invisible crisis that is just as corrosive an...
- Rishi Kapoor compares PMC crisis to father's 'Shree 420', urges government to punish cheatsThe actor expressed concerns over 'racketeering' in the country.
- View: The biggest lesson from PMC Bank's brazen crookeryThis bank violated all norms to channel no less than 70% of its entire loans to just one client.
- PMC crisis: This tiny bank in Maharashtra is a canary in India’s coalmineHow did PMC’s board, its auditors and the central bank remain clueless for so long?
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