"Objective of the process of invitation of EoI is to identify a suitable equity investor/ group of investors willing to take over managem...Read More
By FPJ Web Desk
Depositors staged a protest outside the Punjab and Maharashtra Co-operative (PMC) Bank’s Poonam Nagar branch at Andheri (East) on Friday ...Read More
RBI appointed A K Dixit, ex-general manager of Union Bank of India, as the new administrator of the bank with effect from September 23, 2...Read More
The Enforcement Directorate (ED) has attached three hotels worth around Rs 100 crore in Delhi in connection with its money laundering pro...Read More
By Dipthi Bhat
Several PMC Bank depositors who are still struggling to get their own money are now protesting outside the Reserve Bank of India in Mumba...Read More
By Amit Srivastava
65 mandals from Navi Mumbai put on hold celebrations because of financial constraints and Coronavirus crisis
By Bhavna Uchil
Calls for report from state’s GT hospital on whether it can treat Rakesh
By Teji Mandi
The market is continuously defying the bears. An eminent crash is now looking like a distant possibility (Though a healthy correction is ...Read More
By Sanjay Jog
Nearly 600 urban cooperative banks and 25 multi-state cooperative banks in Maharashtra will now come under the Reserve Bank of India's ju...Read More
By Sweety Adimulam
‘Give me my money’ is the slogan being raised by all aggrieved depositors of the Punjab Maharashtra Cooperative (PMC) Bank who have been ...Read More
Pleas had cited COVID-19 outbreak in Arthur Road prison
The Bill seeks to strengthen the cooperative banks so as to prevent a crisis like that faced by PMC bank due to financial irregularities ...Read More
By Jescilia Karayamparambil
A group of depositors is even considering filing a plea in the Delhi High Court against the RBI and the Union government.
Mumbai: Tourism Minister Aaditya Thackeray on Saturday said his father and CM Uddhav Thackeray discussed issues like GST compensation and...Read More
Mumbai: The scam-hit Punjab & Maharashtra Cooperative Bank Ltd had allegedly tried to influence its auditors by sending them on junke...Read More
By FPJ Political Bureau
A few months ago, NCP leader and Maharashtra minister Jayant Patil had publicly suggested the idea of merging PMC Bank with MSC Bank.
By Staff Reporter
The HC has appointed Justice (retd.) S Radhakrishan as the head of the committee and has asked him to appoint the other two members.
After the meeting in Delhi, the Rajya Sabha member termed the discussion as “constructive”.
Sarang and his father, HDIL promoter Rakesh Wadhawan are currently in judicial custody after the duo were arrested in connection with an ...Read More
Nearly 500 depositors of the troubled bank initially gathered outside the RBI office in BKC, but later headed towards Thackeray's Bandra ...Read More