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PMC bank News
Big development in PMC BANK case! Check what RBI told Delhi High Court
Mon, Jul 12, 2021
The Reserve Bank of India (RBI) Monday told the Delhi High Court that it has given in-principle approval for setting up a small finance bank which will take over the scam-hit PMC Bank soon
Relief news for PMC bank depositors, Know from Jaspal Bindra, Centrum Group Executive Chairman
Mon, Jun 21, 2021
After nearly two years, crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank is all set to get back on its feet after the Reserve Bank of India (RBI) on June 18 gave in-principle approval to set up Centrum Financial Services. A Small Finance Bank (SFB).
PMC Bank takeover: RBI gives 'in-principle' approval to this NBFC to set up small finance bank
Sat, Jun 19, 2021
PMC Bank Takeover: The Reserve Bank of India has granted in-principal approval to Centrum Financial Services Limited to set up a small finance bank, paving the way for takeover of Punjab & Maharashtra Co-operative Bank.
PMC Bank receives binding offer, but revival to take time, RBI says
Fri, Mar 26, 2021
Punjab and Maharshtra Cooperative (PMC) Bank has received binding offers from investors for its reconstruction, the Reserve Bank of India (RBI) on Friday said in an official communiqué.
Bullet Bulletin: 4 companies interested in investing in PMC Bank
Fri, Dec 18, 2020
4 companies have shown interest in investing in PMC Bank, facing RBI ban after the scam.
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.