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Total 14 results found. Search for [ rbi restriction on pmc bank ]

Results 1 to 14 of 14
BusinessToday.In
New Delhi, October 4, 2019
Mumbai Police on Thursday arrested HDIL promoters Rakesh Kumar Wadhawan and Sarang Wadhawan in the PMC Bank loan case; both have been sent to police custody till October 9


BusinessToday.In
New Delhi, October 4, 2019
PMC bank officials allegedly created 44 hidden accounts with fake credentials to help HDIL; loans given to HDIL later turned into NPAs, leading to its bankruptcy and PMC's exposure of thousands of crores


Naveen Kumar
October 3, 2019
As per DICGC website, all commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC


BusinessToday.In
New Delhi, September 30, 2019
The RBI has appointed Jai Bhagwan Bhoria as the administrator of the PMC Bank with all the powers of the board


BusinessToday.In
New Delhi, September 28, 2019
Joy Thomas says the bank didn't report the matter to the RBI even though repayment from HDIL was irregular for the past three-four years because it held security, which was worth twice the loan amount


BusinessToday.In
New Delhi, September 27, 2019
PMC Bank crisis: The Congress spokesperson said that PMC Bank's collapse and RBI's restriction on withdrawal has brought back the horrors of demonetisation for PMC Bank customers.


Anand Adhikari
September 26, 2019
These violations include financial irregularities, failure of internal control and systems and under-reporting of its (lending) exposure


BusinessToday.In
New Delhi, September 26, 2019
PMC Bank crisis: The Reserve Bank of India (RBI) increased the withdrawal limit for Punjab and Maharashtra Co-operative Bank (PMC) depositors to Rs 10,000 from the initial Rs 1,000


BusinessToday.In
New Delhi, September 26, 2019
PMC Bank crisis: Customers have also written to the RBI to revoke the restrictions made on the lender. The letter states that such a restriction will inflict great hardship on the depositors.


Anand Adhikari
September 25, 2019
If the RBI is satisfied with progress that the bank can get back to shape in a short period, it will free the bank from its clutches


Niti Kiran
September 25, 2019
PMC Bank is a multi-state scheduled urban co-operative bank (UCB) with operations in Maharashtra, Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh and Madhya Pradesh


BusinessToday.In
New Delhi, September 25, 2019
PMC Bank crisis: MD Joy Thomas said that the bank has ample assets to cover all liabilities of the depositors.


Chitranjan Kumar
New Delhi, September 24, 2019
PMC Bank's asset quality declined as gross non-performing assets (NPAs) ratio - bad loans as a percentage of gross advances - rose to 3.76 per cent, versus 1.99 per cent in the previous year


BusinessToday.In
September 24, 2019
RBI imposes restrictions on PMC Bank: The imposition will be in force for six months from September 23.


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