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They will discuss legislative steps needed to prevent such incidents from happening and empower the regulator better, FM Nirmala Sitharaman said. (Photo: ANI)

PMC Bank: Sitharaman faces protesters; promises legislation

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 IST

Similar trend was seen on the NSE, where the Housing Development and Infrastructure Ltd (HDIL) stock hit its 52-week low of Rs 3.20 down 4.48 per cent over its previous closing price.

Shares of HDIL hit lower circuit; fall 4.73 per cent

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...

9 Oct 2019 12:44 PM IST

Ex-chairman of PMC remanded in police custody

The police has arrested him in connection with the alleged Rs 4,355 crore scam at the bank.

7 Oct 2019 3:13 AM 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)

Former MD of PMC Bank arrested in Rs 6500 crore fraud

The agency conducted searches at six places in Mumbai and neighbouring areas linked to the former chairman of the bank,...

4 Oct 2019 8:10 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)

HDIL promoters, PMC Bank board members charged with money-laundering

Mumbai Police arrested the tow directors at HDIL, Rakesh Wadhawan and Sarang Wadhawan on Thursday.

4 Oct 2019 10:33 AM 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)

HDIL directors arrested, assets worth Rs 3,500 crore attached in PMC...

More details awaited.

3 Oct 2019 6:08 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 Bank case: ICAI to check role of auditors

ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the bank as well as regulatory...

2 Oct 2019 3:56 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 Bank created over 21,000 fake accounts to hide loans: complaint

The RBI has barred the bank from renewing or granting any loans or making investments without prior approval of the...

2 Oct 2019 9:16 AM 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)

Suspended PMC bank chief hid information from RBI to save itself from...

As loans outstanding were huge and if these were classified as NPA it would have affected the profitability,' the letter...

1 Oct 2019 5:49 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

No exposure to HDIL, PMC Bank, says DHFL

DHFL does not have any exposure to either of them, DHFL said in a regulatory filing.

1 Oct 2019 5:40 PM IST

Similar trend was seen on the NSE, where the Housing Development and Infrastructure Ltd (HDIL) stock hit its 52-week low of Rs 3.20 down 4.48 per cent over its previous closing price.

ED doesn't oppose sale of Wadhawans' planes, yacht

The case pertains to the Rs 4,355 crore Punjab and Maharashtra Cooperative (PMC) Bank scam.

23 Nov 2019 2:31 AM IST

A protestor, Sadhika Sayal, said that Maharashtra Chief Minister Devendra Fadnavis statement that he would personally take up the issue with the Centre is ambiguous. (Photo: ANI)

PMC Bank depositors protest outside RBI office in Mumbai

In September, the RBI restricted the activities of the PMC Bank for six months.

5 Nov 2019 5:47 PM IST