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Total 143 results found. Search for [ Punjab and Maharashtra Cooperative Bank ]

Results 1 to 21 of 143
BusinessToday.In
January 18, 2021
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


BusinessToday.In
January 16, 2021
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


BusinessToday.In
January 14, 2021
BharatPe and Centrum Group are among four groups that have made the submissions to the Reserve Bank of India (RBI) for the acquisition of PMC Bank


PTI
January 4, 2021
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


Prasanna Mohanty
January 3, 2021
These organisations face multiple challenges ranging from low capital base, poor credit facility, lack of business know-how and skilled manpower but with government handholding they have the potential to change the fortunes of small and marginal farmers


BusinessToday.In
December 30, 2020
The RBI-appointed administrator for PMC Bank issued a public notice seeking a bid for Dassault Falcon 200 (VT-HDL) and Challenger 300 (VT-PIL), and one yacht (Ferreti 881 HT) this week


BusinessToday.In
December 21, 2020
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


PTI
December 1, 2020
Punjab and Maharashtra Cooperative Bank has been put under restrictions, including limiting withdrawals, by the RBI, following the unearthing of a Rs 4,355-crore scam


BusinessToday.In
November 3, 2020
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


BusinessToday.In
September 22, 2020
PMC Bank's present administrator Jai Bhagwan Bhoria has stepped down on September 22 due to health reasons


BusinessToday.In
September 18, 2020
IPS Officer Amitabh Gupta was the principal secretary with the Maharashtra home department when he granted permission to 23 members of the Wadhawan family to travel to Mahableshwar from Mumbai for a \"picnic\" in April


Chitranjan Kumar
September 17, 2020
The government owns 83-96 per cent stake in these six PSBs, including Bank of India, Central Bank, Bank of Maharashtra, Indian Overseas Bank, Punjab and Sind Bank and UCO Bank, with market value of Rs 58,000 crore as of July 2020


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


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
July 11, 2020
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


PTI
June 27, 2020
The Ordinance amends the Banking Regulation Act, 1949 as applicable to cooperative banks, an official statement said on Saturday


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


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


Anand Adhikari
March 19, 2020
Covid-19 pandemic was like a bold from the blue. Over the last seven years, the banks had braved the first of its kind balance sheet clean up with RBI's asset quality review for stressed loans


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