By FPJ Web Desk
The Delhi High Court will hear case on December 9 seeking to allow RBI and PMC Bank to sale and auction Rs 4,000 crore worth land and pro...Read More
By Agencies
A court here has allowed the RBI-appointed administrator for the PMC Bank to sell two airplanes and a yacht belonging to HDIL group firms...Read More
By Agencies
Can't entertain PMC Bank customers plea in current form: Supreme Court
By FPJ Web Desk
In a fresh turn of developments, former Managing director of Punjab and Maharashtra Co-operative Bank (PMC) Joy Thomas has been sent to j...Read More
By Anand Singh
Denying allegations of money laundering, Rakesh and Sarang Wadhawan have said in a letter October 16 that they wanted to "work towards th...Read More
By Agencies
New Delhi: Public sector banks having fund exposure to the bankrupt real estate firm HDIL may have to classify the loans given to it as n...Read More
By IANS
New Delhi: The Enforcement Directorate said on Monday it is carrying out raids at two places in Mumbai of Housing Development and Infrast...Read More
By FPJ Bureau
Mumbai: The Enforcement Directorate (ED) has started identifying the properties and vehicles allegedly 'gifted' by the promoters of HDIL ...Read More
By FPJ Web Desk
Mumbai: The Punjab and Maharashtra Co-operative Bank scam has again drawn attention of the masses towards corruption. The alleged Rs 4,35...Read More
By PTI
Mumbai: Reserve Bank governor Shaktikanta Das on Friday said the banking system is sound and stable, and one incident at a cooperative ba...Read More
By FPJ Bureau
As against this, HDIL had been regularly defaulting on payments to PMC Bank since 2008. However, its accounts were not classified as non-...Read More
By PTI
New Delhi: Crisis-hit HDIL on Tuesday said that loans taken from banks including Punjab and Maharashtra Cooperative Bank were in normal c...Read More
By FPJ Bureau
Limited, for defrauding the bank of Rs 4355.46 crore by entering into a criminal conspiracy.
By FPJ Bureau
As per regulations, single entity exposure limit for banks is 15 per cent of their capital fund. For group companies, the exposure limit ...Read More
By FPJ Bureau
In a relief to the harried customers of crisis-hit Punjab & Maharashtra Cooperative Bank, the Reserve Bank Thursday increased the cas...Read More