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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)

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

Bombay high court has directed the government of Maharashtra to furnish details of the health condition of HDIL promoter Rakesh Wadhawan and his son Sarang. ( Photo- Twitter)

PMC bank scam: Bombay High Court seeks info on health condition of...

The applicants claimed that there are no proper facilities in jail in view of the coronavirus pandemic

11 Jun 2020 1:14 PM IST