"It is hereby notified for the information of the public that the validity of the directive dated September 23, 2019, as modified from time...

The proposed law seeks to enforce banking regulation guidelines of the RBI in cooperative banks while administrative issues will still be g...

A 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...

The actor expressed concerns over 'racketeering' in the country.

Murlidhar Dharra (83) died at his home in suburban Mulund on Friday. The family had a total of Rs 80 lakh in deposits with the bank, which ...

In the last four days, four people have lost their lives due to the stress.

Joy Thomas is one of the key accused in the alleged Rs 4,355-crore scam at the city-based Punjab and Maharashtra Cooperative (PMC) Bank.

Cooperative Banks of Punjab in sound financial condition, says MD SK Batish.

Citing the example of PMC scam, Piyush Goyal said some "bad apples" ruin the reputation of such an important sector.

Depositors of Punjab and Maharashtra Cooperative (PMC) Bank protested outside a court on Wednesday, demanding stringent action against the ...

Taking note of the "enormity of the matter", the ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the ...

Housing Development and Infrastructure Ltd (HDIL) said its books of accounts are audited and reflect true and fair picture of the company's...

Banks of all kinds have been hit by frauds. But the UCBs are the odd man out. They are nobody’s child.

HDIL’s shares, which have plummeted 85 per cent this year, dropped 4.91 per cent to Rs 3.87.

RBI had found out his involvement in sanctioning loans to realty developer HDIL without proper due diligence.

The bank won't be allowed to make any fresh loans, RBI said. The curbs will be in force for six months.

RBI superseded the bank's management and placed it under an administrator for the next 6 months.