PMC Bank

Mumbai Police arrest former PMC director Ranjeet Singh

Mumbai Police arrest former PMC director Ranjeet Singh

Mumbai: One of the directors of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank, Rajneet Singh, son of ex-BJP MLA Sardar Tara ...Read More

PMC Bank: Ex-director gets interim anticipatory bail

PMC Bank: Ex-director gets interim anticipatory bail

Mumbai: Daljit Singh Bal, one of the former directors in the Punjab and Maharashtra Co-operative (PMC) Bank, whom the Economic Offences W...Read More

This PMC depositor's plea as he worries about a lifetime of hard-earned money will break your heart

This PMC depositor's plea as he worries about a lifetime of hard-earned money will break your heart

Economist Rupa Subramanya recently posted a series of screenshots of a conversation she had with an unidentified individual on Twitter. I...Read More

PMC Bank to be up & running in a month, assures EOW

PMC Bank to be up & running in a month, assures EOW

Taking to Twitter after a meeting with the EOW officials here, the former MP said the current account transactions at the bank will start...Read More

PMC Bank crisis: Senior citizen dies, daughter claims stressed over scam

PMC Bank crisis: Senior citizen dies, daughter claims stressed over scam

Mumbai: A 68-year-old woman, an account holder of the scam-hit Punjab and Maharashtra (PMC) Bank allegedly died of a heart attack here on...Read More

PMC Bank crisis: RBI to sell attached assets worth Rs 3,500 cr, says report

PMC Bank crisis: RBI to sell attached assets worth Rs 3,500 cr, says report

In a move aimed at giving a huge relief to the PMC Bank account holders, the administrator appointed by Reserve Bank of India (RBI) for s...Read More

Assure our money is safe, revive PMC Bank Depositors urge RBI

Assure our money is safe, revive PMC Bank Depositors urge RBI

Mumbai: Several customers of the Punjab and Maharashtra Cooperative (PMC) Bank gathered outside the RBI's office here on Tuesday, demandi...Read More

PMC Bank Scam: 80-year-old man dies of heart attack, making it fourth death of account holder

PMC Bank Scam: 80-year-old man dies of heart attack, making it fourth death of account holder

On Friday, 80-year-old man, PMC Bank account holder, died after suffering a heart attack making it fourth death reported in Mumbai of an ...Read More

PMC Bank: Misar named EOW's counsel

PMC Bank: Misar named EOW's counsel

Mumbai: Special Public Prosecutor (SPP) Ajay Misar, who had represented in the Malegaon blast case of 2008, has been appointed by the Eco...Read More

State will explore option of PMC bank merger: CM Devendra Fadnavis

State will explore option of PMC bank merger: CM Devendra Fadnavis

Mumbai: The Maharashtra government will explore the possibility of merging crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) with...Read More

HDIL promoters Rakesh and Sarang Wadhawan write to agencies to sell their assets for making payments to PMC Bank

HDIL promoters Rakesh and Sarang Wadhawan write to agencies to sell their assets for making payments to PMC Bank

Mumbai: HDIL promoters Rakesh and Sarang Wadhawan on Wednesday wrote a letter requesting the agencies to sell off their attached assets a...Read More

Omission of irregularities in PMC bank working will be probed: Mumbai police chief

Omission of irregularities in PMC bank working will be probed: Mumbai police chief

Mumbai: The Mumbai Police will investigate how the Reserve Bank of India audit missed various irregularities in the PMC bank transactions...Read More

PMC Bank case: Supreme Court agrees to hear plea for insuring 15 lakh customers

PMC Bank case: Supreme Court agrees to hear plea for insuring 15 lakh customers

New Delhi: The Supreme Court on Wednesday agreed to hear a plea seeking directions for redressal of certain aspects, including insuring a...Read More

'PMC Bank depositors will get their money back at any cost': Maharashtra CM Devendra Fadnavis

'PMC Bank depositors will get their money back at any cost': Maharashtra CM Devendra Fadnavis

On Tuesday, while releasing BJP manifesto Maharashtra Chief Minister Devendra Fadnavis said that PMC Bank depositors will get back the mo...Read More

More relief for PMC Bank customers, RBI hikes withdrawal limit to Rs 40,000

More relief for PMC Bank customers, RBI hikes withdrawal limit to Rs 40,000

New Delhi: The Reserve Bank of India (RBI) has enhanced the withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) B...Read More

PMC Bank scam: Court extends police custody of 3 accused till Oct 16

PMC Bank scam: Court extends police custody of 3 accused till Oct 16

Mumbai: A Mumbai court on Monday extended till October 16 the police custody of two top officials of HDIL and Punjab and Maharashtra Coop...Read More

PMC depositors hold silent protest outside Thane branch

PMC depositors hold silent protest outside Thane branch

They threatened to boycott the upcoming assembly election until they get thier money back. They held banners and placards stating, “No No...Read More

'Banks may need to report HDIL's dues, provisioning status'

'Banks may need to report HDIL's dues, provisioning status'

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

Spoken to RBI Governor, concerns of PMC Bank customers will be addressed: FM Nirmala Sitharaman

Spoken to RBI Governor, concerns of PMC Bank customers will be addressed: FM Nirmala Sitharaman

New Delhi/Mumbai: Assuring account holders of the troubled Punjab and Maharashtra Co-operative (PMC) Bank of support, Finance Minister Ni...Read More

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