Tue, Dec 28, 2021
Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process
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Mon, Nov 22, 2021
The draft scheme of amalgamation published today, envisages takeover of the assets and liabilities of PMC Bank including deposits, by the USFB in terms of the provisions of the scheme giving a greater degree of protection for the depositors.
Mon, Oct 11, 2021
In an important development, the Enforcement Directorate (ED) plans to release Housing Development and Infrastructure (HDIL)'s mortgaged assets with PMC Bank.
Tue, Oct 01, 2019
PMC Bank FIR Details: Startling facts have come to fore in the FIR registered against Punjab & Maharashtra Co-operative Bank (PMC) Limited by the RBI, revealing a gap of a whopping Rs 4355 crore.
There are major disclosures in the FIR registered against the Punjab and Maharashtra Co-operative Bank (PMC) Limited, which is facing RBI's severe restrictions. The FIR has revealed that the bank has distributed huge loans to companies on a large scale, leading to a default of whopping Rs 4,355 crore.
Sat, Sep 28, 2019
Earlier, providing relief to the customers, the Reserve Bank of India (RBI) on Thursday hiked the withdrawal limit from Rs 1,000 to Rs 10,000 per bank account in the sanction-hit Punjab and Maharashtra Cooperative (PMC) Bank.
Thu, Sep 26, 2019
In a bid to provide relief to around 60 per cent of the 7 lakh customers of the Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000.
RBI puts curbs on PMC Bank, customers panic ''क्या आपका बैंक डिपॉजिट सेफ है?''
Tue, Sep 24, 2019
RBI imposes restrictions on Maharashtra's PMC Bank. Watch video to know more.
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