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Total 475 results found. Search for [ PMC bank ]

Results 1 to 21 of 475
BusinessToday.In
June 21, 2021
It has gained 279.5 per cent in the last one year and risen 213 per cent since the beginning of this year


PTI
June 21, 2021
Last Friday, the Reserve Bank gave an in-principle approval to Centrum Financial Services, a step-down arm of the diversified financial services group, to set up a small finance bank (SFB) provided it took over the troubled PMC Bank


BusinessToday.In
June 20, 2021
The depositors are also likely to seek merger of PMC Bank with any of the running public or private sector bank for a quick resolution.


BusinessToday.In
June 18, 2021
RBI approval came after Centrum Financial Services, along with Bharat Pe, submitted an expression of interest to take over PMC Bank. PMC Bank was put under several restrictions in September 2019. Curbs included restrictions on withdrawals of cash and investigation into accounting lapses


BusinessToday.In
May 5, 2021
While granting the bail to the directors -- Mukti Bavisi, Trupti Suhas Bane and Ranjeet Tara Singh Nandrajog, the court asked them to submit their passports to it.


BusinessToday.In
New Delhi, March 27, 2021
Tata Group Chairman Emeritus Ratan Tata has welcomed the Supreme Court's judgement to set aside NCLAT verdict in the five-year-old case between Tata Group and Cyrus Mistry; The Reserve Bank of India (RBI) has extended the restrictions placed on Punjab and Maharashtra Cooperative (PMC) Bank till June 30, 2021; The year of the lockdown was the most challenging year for Railways, said Railways Minister Piyush Goyal. Watch this and more on News Blast.Also Read: Trai lists SBI, HDFC, Kotak Mahindra, LIC among defaulters for not complying with SMS norms


Shailendra Shukla
New Delhi, March 27, 2021
PM Modi visits war memorial, meets Bangladesh leaders, young achievers in DhakaPrime Minister Narendra Modi is on a two-day visit to Bangladesh which coincides with the country's 50th Independence Day celebrations. The Prime Minister was greeted by his counterpart Bangladesh PM Sheikh Hasina when he landed in Dhaka on Friday. While in Dhaka, PM Modi visited the National Martyrs' Memorial, Savar. The Prime Minister paid homage to the freedom fighters who had died in 1971 during the Bangladesh...


Anand Adhikari
New Delhi, March 26, 2021
Rakesh Sharma, CEO, IDBI Bank shares the factors that helped his organisation get back to normal, overcoming the losses in the last 4 years. Sharma added how the firm worked on its HR policies and did not remove any staff during the organisation's restructuring period. He appreciated the the entry of LIC as majority shareholder into the company by the government of India at a time when it needed the capital. Watch as he explains to Business Today's Anand Adhikari the future foundation that the bank has created in the last few years.Also Read: RBI extends restrictions on PMC Bank till June 30


BusinessToday.In
March 26, 2021
RBI said it is engaging with prospective investors in order to secure best possible terms for the depositors and other stakeholders of PMC Bank while ensuring long term viability of the reconstructed entity


BusinessToday.In
February 24, 2021
Bank holidays vary in several states, depending on festivals being observed in respective states or notification of certain occasions in those states


BusinessToday.In
February 24, 2021
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.


PTI
February 21, 2021
PNB Housing Finance Ltd had informed about its plan to raise tier I capital up to Rs 1,800 crore through various modes including QIP, preferential issue of shares or a rights issue


BusinessToday.In
February 20, 2021
The victim of cyber fraud, Rohit Sood, claimed that a person called Trisha Watson called him up in September 2020 and said she was representative of the firm. The firm said that his CV had been shortlisted


BusinessToday.In
February 20, 2021
Azim Premji, who donated Rs 7,904 crore in 2020 (Rs 22 crore a day) said individual and personal philanthropy must be separated from the company's CSR donation


BusinessToday.In
February 20, 2021
SBI YONO Merchant app will enable millions of merchants to accept digital payments through mobile led technology


BusinessToday.In
February 20, 2021
PMC Bank bid: The potential consortium of investors includes Germany-based Alfa Pharma GmbH, Investment Fund (Mauritius), NexPact (Mauritius), Global Com Fin Investment LLC (Dubai) and Delhi-based Avtar Instalments


Prasanna Mohanty
February 7, 2021
At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue


Niti Kiran
February 5, 2021
Currently, there exists a window for retail investors where they can place their buy and sell orders through intermediaries, but participation remains low


PTI
February 5, 2021
Last month, PMC Bank administrator A K Dixit in a letter to customers and stakeholders had informed that three prospective investors were given time till February 1, 2021 for submission of their final offer


Aprajita Sharma
February 1, 2021
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


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