Wednesday, May 18, 2022 | Last Update : 05:15 AM IST

pmc bank

Govt, RBI must resolve mess in banking sector

The RBI’s sudden regulatory action on Yes Bank leaves many questions unanswered.

07 Mar 2020 7:06 AM

SC stays Bombay HC order directing sale of HDIL assets to repay dues of PMC bank

The Mumbai Police's Economic Offences Wing and the ED registered offences against senior bank officials and HDIL promoters.

07 Feb 2020 2:02 PM

Depositors hit out at RBI for failure

A division bench of Justice S.C. Dharmadhikari and Justice R.I. Chagala was hearing the PILs and writ petitions filed by the PMC Bank depositors.

05 Dec 2019 1:36 AM

78 pc depositors of PMC Bank can withdraw entire deposits: govt

Maharashtra-based PMC Bank can withdraw upto Rs 1 lakh by invoking the 'hardship provisions' of the RBI.

02 Dec 2019 2:14 PM

Dearth of risk management professionals raises concern

In a competitive world where businesses are rewarded for high growth, the risk management often takes the back seat.

19 Nov 2019 3:45 AM

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Bank director, son of ex-BJP MLA from Mumbai arrested over his role in PMC Bank Scam

So far, 9 persons have been arrested in connection with the PMC scam including three top bank officials and two promoters of HDIL.

17 Nov 2019 12:21 PM

Closely monitoring situation at PMC Bank; forensic audit underway: Das

The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.

07 Nov 2019 3:47 PM

PMC depositors gather outside RBI Delhi, demand assurance from central bank

On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.

06 Nov 2019 3:44 PM

PMC Bank: Withdrawal limit raised to Rs 50,000

The RBI has also allowed PMC Bank account holders to withdraw money from the bank's own ATMs within the prescribed limit of Rs 50,000.

06 Nov 2019 1:25 AM

Withdrawal limit for PMC Bank depositors raised to Rs 50,000

With the above relaxation, more than 78 per cent of the depositors of the bank will be able to withdraw their entire account balance.

05 Nov 2019 6:30 PM

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Bombay HC seeks RBI reply on PMC Bank crisis

On Monday, when the petition came up for hearing, the bench said it only wanted to know what the RBI was doing in the case.

05 Nov 2019 1:17 AM

What steps taken to help PMC Bank depositors, HC asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

04 Nov 2019 2:43 PM

RBI revamps departments for effective supervision, regulation of banking sector

Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.

02 Nov 2019 12:27 PM

PMC Bank: Delhi HC seeks reply from Centre, RBI on plea against withdrawl limits

The plea was against withdrawal of restrictions in PMC Bank.

01 Nov 2019 3:43 PM

PMC Bank depositors continue protest seeking payback

Three of the protesting members were detained by the police and taken away.

30 Oct 2019 7:48 PM

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PMC depositors hold agitation

A delegation of depositors also met a chief general manager-rank officer after the protest in suburban BKC and submitted a memorandum.

30 Oct 2019 3:39 AM

PMC depositors protest outside RBI office seeking payback

Five persons, including HDIL promoters and bank's top management, have been arrested.

29 Oct 2019 5:48 PM

PMC Bank former director's police custody extended

Arora was last week arrested by Mumbai Police''s Economic Offences Wing (EOW) in connection with the alleged Rs 4,355 crore scam.

22 Oct 2019 1:05 PM

A suite solution to Cong’s exodus woes?

Take the case of Sachin Rao, a special invitee to the coveted Congress Working Committee.

20 Oct 2019 12:10 AM

PMC depositor dies after being unable to withdraw funds for heart surgery

The victim, Murlidhar Dharra, 83, had as much as Rs 80 lakh in deposits with PMC Bank but could not withdraw money due to RBI curbs.

19 Oct 2019 8:52 AM

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