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PMC bank News
PMC Bank News: Check latest update about Punjab and Maharashtra Cooperative Bank and status as of now
Sun, Jul 12, 2020
RBI Governor Shaktikanta Das has confirmed that the Reserve Bank of India (RBI) is engaged with the stakeholders to find a 'workable solution' for Punjab and Maharashtra Cooperative Bank (PMC) as losses are high.
Very important! This Bill may ensure no repeat of PMC Bank like crisis; already has green signal from Modi Cabinet - All you need to know
Sun, Mar 01, 2020
The Parliament is likely to clear a Bill to amend Banking Regulation Act to bring multi-state cooperative banks under effective regulation of RBI during the Budget session.
PMC Bank depositors stage protest at RBI office; want their money back
Tue, Feb 25, 2020
Tek Chand, who has an account with Tilak Nagar branch, said, "My wife is a kidney patient and she has to undergo dialysis thrice every month. What am I supposed to do? I have been left helpless due to the situation. It is our hard earned money."
Maharashtra government plans to merge PMC bank with Maharashtra co-operative bank
Thu, Dec 05, 2019
Maharashtra government plans to merge PMC bank with Maharashtra co-operative bank, state government gives financial aid for the merger.
PMC Bank crises: Good news for account holders! Mortgaged properties up for sale soon
Mon, Nov 18, 2019
The bank account holders may get their money back, if all the properties are sold. The police have already seized properties worth Rs 4,000 crore along with buildings, jewellery, lockers etc.
PMC mess: Inputs given on Act amendment: Das
Fri, Nov 08, 2019
Last month Finance Minister Nirmala Sitharaman had after meeting PMC Bank depositors promised to bring in legislation in the upcoming winter session of Parliament to amend the Act governing cooperative banks.
Good news for PMC Bank account holders! RBI increases withdrawal limit
Tue, Nov 05, 2019
PMC Bank crisis: The Reserve Bank of India (RBI) on Tuesday increased the ATM withdrawal limit for PMC account holders. The apex bank has decided to increase the PMC Bank ATM withdrawal limit to Rs 50,000. This is done in order to ease the process of withdrawals, according to RBI.
PMC Bank Scam: RBI asks Mumbai Police to release attached assets for auction
Thu, Oct 31, 2019
Big Relief for PMC Bank depositors as RBI asks Mumbai Police to release attached assets for auction.
Ministry of Finance working on to give full amount to PMC Bank customers
Wed, Oct 30, 2019
Ministry of Finance is working on to give the full amount to PMC Bank customers. Watch this video to know more.
PMC bank scam victim customers protested in front of RBI headquarters today
Tue, Oct 29, 2019
PMC bank scam victim customers protested in front of RBI headquarters today. Watch this video to know more.
After PMC Bank crises this firm is in danger, turns agencies into action
Mon, Oct 28, 2019
A large number of people have invested in the gold schemes of Goodwin Jewelers. The condition of people investing in Goodwin Jewelers is bad due to shutdown of their showrooms.
RBI upset of Odisha government's letter, created doubt in between the customers of PMC bank
Sat, Oct 26, 2019
RBI upset of Odisha government's letter which created doubt in between the customers of PMC bank. Watch this video to know more.
PMC Bank Scam: 73-year-old Woman Dies of Cardiac Arrest in Mumbai
Tue, Oct 22, 2019
Another life has been lost to the ongoing protest over the Punjab and Maharashtra Co-operative (PMC) bank crisis, making it the fifth death of the week. On Sunday, a 73-year-old woman died of a heart attack in Mumbai.
It's been 27 days of ban on PMC bank, No justice for account-holders from RBI
Sat, Oct 19, 2019
It's been 27 days of the ban on PMC bank, No justice for account-holders from RBI. Watch this video to know more.
'Approach High Court' tells Apex Court on PMC bank account holders' plea
Fri, Oct 18, 2019
'Approach High Court' tells Apex Court on PMC bank account holders' plea. Watch video to know more.
Market Guru Anil Singhvi: 3 lessons to be drawn from PMC bank fraud case
Thu, Oct 17, 2019
Singhvi spelled out the steps that must be taken on an urgent basis. The first step that the government should take is to increase the insurance limit on your savings because in 1993, the limit was fixed at Rs 1 lakh, which is too less, if we take present scenario into consideration.
PMC Bank scam case: Surjit Arora in police custody till 22 October
Thu, Oct 17, 2019
Here is the update in PMC Bank scam case: Surjit Arora in police custody till 22 October. Watch this video for more details.
PMC Bank Crisis: Prime accused in Punjab & Maharashtra Cooperative Bank scam Waryam Singh's custody extended
Thu, Oct 17, 2019
PMC Bank Crisis: Mumbai Police`s EOW on Wednesday said PMC Bank scam prime accused and its ex-chairman S Waryam Singh is not cooperating with the probe.
PMC Bank scam: Deprived of their money bank account holders take to the streets
Wed, Oct 16, 2019
PMC Bank scam: Over 100 agitated depositors of the crisis-hit Punjab & Maharashtra Cooperative (PMC) Bank Ltd staged a protest outside the Esplanade Court in Mumbai today, demanding justice.
PMC bank account holder? ALERT! Withdraw Rs 40,000 if you have this amount in deposits
Wed, Oct 16, 2019
PMC Bank account holders who have little above Rs 1 lakh deposits should immediately withdraw Rs 40,000 — the withdrawal limit is given by the Reserve Bank of India to the PMC Bank customers.