The RBI’s sudden regulatory action on Yes Bank leaves many questions unanswered.
07 Mar 2020 7:06 AM
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
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
Maharashtra-based PMC Bank can withdraw upto Rs 1 lakh by invoking the 'hardship provisions' of the RBI.
02 Dec 2019 2:14 PM
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
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
The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.
07 Nov 2019 3:47 PM
On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.
06 Nov 2019 3:44 PM
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
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
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
The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.
04 Nov 2019 2:43 PM
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
02 Nov 2019 12:27 PM
The plea was against withdrawal of restrictions in PMC Bank.
01 Nov 2019 3:43 PM
Three of the protesting members were detained by the police and taken away.
30 Oct 2019 7:48 PM
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
Five persons, including HDIL promoters and bank's top management, have been arrested.
29 Oct 2019 5:48 PM
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
Take the case of Sachin Rao, a special invitee to the coveted Congress Working Committee.
20 Oct 2019 12:10 AM
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