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Total 222 results found. Search for [ PMC bank case ]

Results 20 to 40 of 222
BusinessToday.In
September 17, 2020
Moving bill in Lok Sabha, Finance Minister Nirmala Sitharaman says government was compelled to come out with an ordinance as condition of cooperative banks is \"grave\"; as many as 277 urban cooperative banks have reported losses in 2018-19 fiscal, she adds


Reuters
September 17, 2020
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


PTI
August 26, 2020
The standard advantage of a bad bank is that the entity taking a decision on the sale price is different from the entity accepting that price


Reuters
August 26, 2020
The Reserve Bank of India (RBI) took control of PMC last September after it was accused of fraud and concealing non-performing loans


PTI
August 8, 2020
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


Naveen Kumar
July 30, 2020
Senior citizens who primarily depend on FDs to manage their retirement expenses, have seen their income falling drastically within few years. When all major big banks are offering interest rates around 6 per cent the rates offered by many small finance banks look quite attractive


Prasanna Mohanty
July 29, 2020
Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations


PTI
July 21, 2020
The court on May 28 had asked the Centre, the RBI and PMC Bank to appreciate the difficulties faced by the depositors on withdrawals during COVID-19 pandemic.


BusinessToday.In
July 14, 2020
Wadhawan, an accused in the Rs 4,335 crore scam, had earlier asked for bail claiming he had not violated any banking regulations


BusinessToday.In
June 26, 2020
This would be the first such meet since the coronavirus outbreak. The RBI board is also expected to discuss the state of economy, and banking sector in particular


Reuters
June 20, 2020
India's top two food-delivery startups, Swiggy and Zomato, started delivering alcohol in some cities last month, as they looked to cash in on the high demand for booze as many states come out of a lockdown aimed at tackling the coronavirus


BusinessToday.In
New Delhi, June 19, 2020
With the relaxation in withdrawal limit, more than 84 per cent of the PMC Bank's depositors will be able to withdraw their entire account balance


PTI
June 10, 2020
The fraud at the Punjab and Maharashtra Cooperative (PMC) Bank came to light in September 2019 after the Reserve Bank of India found that the PMC Bank had allegedly created fictitious accounts to hide over Rs 4,355 crore of loans extended to the almost-bankrupt HDIL


Aprajita Sharma
New Delhi, June 4, 2020
PM Vaya Vandana Yojana pension scheme is offered by Life Insurance Corporation and comes with a lock-in period of 10 years. It gives you an assured annual return of 7.66 per cent per annum


BusinessToday.In
May 10, 2020
Coronavirus Highlights: West Bengal recorded 153 fresh COVID-19 cases and 14 deaths in last 24 hours, its highest single-day deaths and spike in the number of new cases


BusinessToday.In
May 3, 2020
Under the DIGC scheme, full recovery for those accountholders is allowed who hold funds of less than Rs 5 lakh


PTI
March 21, 2020
The restriction on Punjab and Maharashtra Cooperative (PMC) Bank included barring the bank from lending and accepting fresh deposits


PTI
March 12, 2020
With the arrest of Jasvinder Singh Banwait, Vishwanatha Shridhar Prabhu and Shripad Govind Jere on Thursday, the number of those arrested in the case reached 15


BusinessToday.In
March 9, 2020
The apex bank had said certain sections of the media had raised concerns about the safety of deposits of certain banks but it is a flawed concern


Rajeev Dubey
New Delhi, March 8, 2020
Yes Bank needs between Rs 20,000 - 22,000 crore to revive. SBI's risks will be ring-fenced with maximum exposure of Rs 10,000 crore. Yes Bank will not be merged with SBI but will remain an associate bank


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