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Congress workers shouting slogans in front of RBI office during a protest against the Central Government over FRDI Bill, in Kolkata. (Photo: Abhijit Mukherjee)

Govt likely to withdraw FRDI Bill in current Parliament session

The bill, introduced in the the lower house on August 11, 2017, has a 'bail-in' clause.

18 July 2018 7:54 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

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 IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

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

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

6 Nov 2019 3:44 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

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.

4 Nov 2019 2:43 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

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.

2 Dec 2019 2:14 PM IST

Thousands of depositors across various branches stood outside demanding answers on their life savings. (Photo: PTI)

Depositors protest as curbs put on Indian co-operative bank

The central bank and barred from renewing, or granting any loans, or making investments.

26 Sept 2019 10:00 AM IST

The woman had stolen ornaments and cash worth Rs 3.52 lakh. (Representational Image)

Mumbai EOW sets up refund unit to distribute Rs 40 cr

Maharashtra Protection of Interest of Depositors Act has ordered sale of assets of nine firms.

1 Jun 2017 11:53 AM IST

Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

Govt committed to protecting rights of depositors: Jaitley

Bill provides for establishment of a resolution corporation with powers relating to transfer of assets to a healthy...

7 Dec 2017 10:49 AM IST