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Total 72 results found. Search for [ pmc bank issue ]

Results 1 to 21 of 72
Prasanna Mohanty
July 1, 2020
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


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


Chitranjan Kumar
New Delhi, May 2, 2020
On liquidation, depositors are entitled to repayment of their deposits up to Rs 5 lakh only from the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per usual terms and conditions, RBI said


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


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


Aprajita Sharma
New Delhi, March 7, 2020
While you will have to make alternative arrangements for the short-term, you must know your money in the YES Bank account is safe


BusinessToday.In
New Delhi, March 6, 2020
Yes Bank News Updates: In the reconstruction scheme for YES Bank, the government has said that the SBI is willing to investment in the troubled private lender


Vivek Punj
March 5, 2020
YES Bank news: The RBI has asked YES Bank customers not to panic as it will devise and implement a solution within 30 days


BusinessToday.In
New Delhi, January 14, 2020
The Bengaluru-based lender cannot issue new loans or make any new investments without prior approval from the banking regulator for the next six months


PTI
Mumbai, January 13, 2020
The fraud at PMC Bank came to light in September last year after RBI discovered that the bank had allegedly created fictitious accounts to hide over Rs 6,700 crore in loans extended to HDIL


Anand Adhikari
January 8, 2020
Among those under RBI's radar, three are from Maharashtra -- Shreeji Bhatia Cooperative Bank, Mansingh Cooperative Bank and Shri Anand Cooperative Bank


Anand Adhikari
Mumbai, January 3, 2020
Despite higher limits, the outstanding deposits of the bank have reduced from around Rs 11,800 crore in September, when the RBI took charge of the bank, to Rs 10,800 crore by November-end


BusinessToday.In
New Delhi, December 30, 2019
Till date 50 issuers have done 182 issuances of commercial papers (CPs) and have successfully listed CPs worth Rs 70,210 crore on the Bombay Stock Exchange


Anand Adhikari
New Delhi, December 24, 2019
The Reserve Bank of India's (RBI) annual report raises concerns over the bad loan resolution, credit growth challenges, corporate governance issues in banks and possibility of defaults in retail assets


BusinessToday.In
New Delhi, December 16, 2019
PMC Bank scam: The depositors said that they are hopeful of recovering their money and that the PMC Bank would be revived in the future


PTI
December 15, 2019
Through the IPO, company's founders Nishant Pitti and Rikant Pitti will each sell shares to the tune of Rs 255 crore through the offer-for-sale mechanism


BusinessToday.In
New Delhi, December 15, 2019
Union Finance Minister Nirmala Sitharaman had recently said that around 78 per cent of PMC Bank's depositors were now allowed to withdraw their money, even though the ceiling of Rs 50,000 on withdrawal continued


BusinessToday.In
December 2, 2019
The finance minister added that in case of marriages, medical emergencies, and other crisis situations, a depositor of the bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of the RBI


Prasanna Mohanty
November 21, 2019
Co-operative sector banks, particularly the urban co-operative banks (UCBs), are falling apart slowly but surely with mounting stressed assets, the full extent of which may not be known


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