Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

Finance Minister Nirmala Sitharaman in her Budget speech announced that depositors will have an 'easy and time-bound' access to deposits if a bank gets liquidated

Bird flu outbreak:  The states affected by bird flu in India are Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana, Gujarat, Uttar Pradesh, Maharashtra, Delhi, Uttarakhand, and Chhattisgarh

On January 16, Bharat Pe and financial services firm Centrum had jointly submitted a bid to the Reserve Bank of India to acquire PMC Bank

The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses

The ED had summoned Varsha Raut in connection with the alleged transfer of funds from the accounts of Pravin Raut, an accused arrested in the Punjab and Maharashtra Cooperative (PMC) Bank fraud case

Bharat Pe and Centrum Group are among four groups which have made the submissions to the Reserve Bank of India (RBI) for the acquisition. Meanwhile, both Bharat Pe and Centrum will hold equal stakes in the venture

Union Road Transport Minister Nitin Gadkari said over 900 km NH length has been added in Karnataka during last six years, and it now stands at 7,652 km

The exercise is meant to find equity investors willing to take over the management of PMC Bank in order to revive the beleaguered lender and resume its day-to-day operations

PMC Bank's present administrator Jai Bhagwan Bhoria has stepped down on September 22 due to health reasons

CBI has named Kwality Ltd's ex-promoter Sanjay Dhingra, and other company executives in the case

Microsoft co-founder Bill Gates in an interview has reiterated his concern for climate change ; In what may come as the most surprising turn of events, the US has said it will ban TikTok and WeChat from the app stores; PMC Bank scam: ED attaches 3 hotels in Delhi worth Rs 100 crore. Watch this and more news on News Blast.

PMC Bank scam: ED attaches 3 hotels in Delhi worth Rs 100 croreThe Enforcement Directorate (ED) on Friday attached three hotels in Delhi valued at around Rs 100 crore under Prevention of Money Laundering Act (PMLA), 2002 in connection with the PMC Bank fraud case. The three hotels that have been attached by the agency belong to the Fab Hotels group and are located in Kailash Colony, East of Kailash and Kalkaji areas of the national capital.Parliament passes bill to cut salary of MPs by 30% ...

PMC has \"tried to engage with the major banks of the country to request for a merger\", the bank's administrator said in a Sept. 10 filing at the Delhi High Court, without identifying the banks or giving other details

In his petition filed before HC, Wadhawan, who is presently lodged at the Arthur Road prison in central Mumbai, sought to be shifted to hospitals like Lilavati, Nanavati or Criticare

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Wadhawan, an accused in the Rs 4,335 crore scam, had earlier asked for bail claiming he had not violated any banking regulations

Shaktikanta Das said that from February 2019 onward RBI had cut 135 basis points repo rate till the onset of coronavirus to tackle the slowdown in growth

Contrary to popular notion, stock markets have repeatedly demonstrated since the 1929 Great Depression that their performance is not really linked to macroeconomic and business fundamentals

The Ordinance amends the Banking Regulation Act, 1949 as applicable to cooperative banks, an official statement said on Saturday