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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 scam: Ex-director sent in police custody till Oct 22

The court also remanded bank's former managing director Joy Thomas in 14-day judicial custody, after his police remand...

17 Oct 2019 1:10 PM 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

Rescue teams at the site where a portion of the compound wall of a housing society collapsed on shanties adjacent to it in Kondhwa area of Pune on Saturday. At least 15 people, including four children, were killed in the mishap. The 22-ft-high wall caved in following incessant rains, trapping the sleeping families under the debris. (Photo: PTI)

Kondhwa wall collapse: PMC checks 287 under-construction sites

The PMC's Building Permission department has issued a notice to the Sinhgad Institute seeking details about the compound...

2 July 2019 6:01 PM IST

Reserve Bank of India (RBI)

RBI raises withdrawal limit for PMC bank customers to Rs 10,000

In a statement, the central bank said PMC Bank customers can now withdraw Rs 10,000 from their account, instead of Rs...

26 Sept 2019 4:39 PM IST