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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 case: 'Depositors can approach RBI admin for emergency...

The apex bank also stated that a largescale wrongdoing has been found in the PMC bank.

19 Nov 2019 4:19 PM IST

Reserve Bank of India (RBI)

RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs...

No reasons were specified by the central bank for its restrictions on PMC Bank.

24 Sept 2019 1:28 PM IST

Overseas investors pulled out a net Rs 9,103 crore from the Indian markets in April so far. (PTI Photo)

Covid19: FPIs pull out Rs 9,103 cr in April so far

The capital outflow in March was the highest withdrawal ever since FPI data has been made available on National...

12 April 2020 12:26 PM IST

Image for representational purpose only

Jan Dhan withdrawals limited to Rs 10,000 a month

The move was aimed at protecting farmers and rural account holders of from money launderers and legal consequences under...

30 Nov 2016 9:01 AM IST

New research in mice sheds light on the mechanism underlining exercises protective effect against nicotine dependence and withdrawal. (Photo: Pixabay)

'Run away' from smoking addiction

The findings have been published in the British Journal of Pharmacology.

21 Dec 2017 5:01 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Withdrawal trend reverses in Jan Dhan a/cs; deposits up Rs1 lakh crore

Jan Dhan accounts swelled by Rs 1,000 crore to Rs 63,971.38 crore during the week ended April 5.

16 April 2017 5:06 PM IST