Murlidhar Dhara, was suffering from a heart-related ailment for a long time and was to undergo the bypass surgery.
18 Oct 2019 7:24 PM
Govt is aware of the seriousness of the situation and the ED is taking appropriate action against the culprit.
18 Oct 2019 11:49 AM
In this case, the loans were not shown in the name of HDIL but were shown in the accounts of different names.
17 Oct 2019 8:59 AM
Fattomal Punjabi is reportedly the second customer of PMC Bank to die in less than 24 hours.
16 Oct 2019 9:00 AM
The deceased, Fattomal Punjabi has an account with the PMC bank’s Mulund branch.
16 Oct 2019 2:04 AM
The deceased, identified as Sanjay Gulati, used to work with Jet Airways.
16 Oct 2019 1:51 AM
According to reports in a section of media, Gulati lost his job after the grounding of Jet Airways and is survived by a specially-abled son.
15 Oct 2019 12:17 PM
RBI is monitoring the developments and shall take necessary steps in the interest of the depositors.
14 Oct 2019 8:30 PM
With this, about 77 per cent of the depositors will be able to withdraw their entire account balance, said RBI.
14 Oct 2019 7:56 PM
The bank had allegedly lent over 70 pc of its Rs 9,000 crore in loans to near-bankrupt realty player.
12 Oct 2019 12:22 PM
The depositors had gathered outside the BJP's office here ahead of FM Nirmala Sitharaman's scheduled press interaction.
10 Oct 2019 3:00 PM
On the BSE, the stock of the company fell 4.73 per cent to its lower circuit limit of Rs 3.02, which was also its 52-week low.
09 Oct 2019 12:44 PM
The PMC crisis has brought to the fore the need to increase the deposit insurance coverage provided by the DICGC.
08 Oct 2019 5:32 PM
NCDs are a debt instrument with a fixed tenure and people who invest in these receive regular interest at a certain rate.
07 Oct 2019 4:56 AM
The regulator clearly has too much on his plate and is not equipped to detect wrong doing in a timely fashion.
07 Oct 2019 2:19 AM
The agency conducted searches at six places in Mumbai and neighbouring areas linked to the former chairman of the bank, promoters of HDIL.
04 Oct 2019 8:10 PM
Mumbai Police arrested the tow directors at HDIL, Rakesh Wadhawan and Sarang Wadhawan on Thursday.
04 Oct 2019 10:33 AM
More details awaited.
03 Oct 2019 6:08 PM
ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the bank as well as regulatory agencies.
02 Oct 2019 3:56 PM
‘As loans outstanding were huge and if these were classified as NPA it would have affected the profitability,’ the letter said.
01 Oct 2019 5:49 PM