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Total 26 results found. Search for
[ rbi restriction on pmc bank ]
Results 1 to 21 of 26
BharatPe may offer to pay back PMC Bank retail depositors in full: report
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
PMC Bank invites fresh bids to sell two jets, yacht of Wadhawans
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
PMC Bank scam: Mumbai court rejects HDIL promoter Rakesh Wadhawan's bail plea
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
PMC Bank case: RBI extends restrictions for 6 months; raises withdrawal limit to Rs 1 lakh
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
PMC Bank crisis: RBI extends regulatory restrictions by 3 months
PTI
March 21, 2020
The restriction on Punjab and Maharashtra Cooperative (PMC) Bank included barring the bank from lending and accepting fresh deposits
Rs 50,000 cap on Yes Bank withdrawals to go 'much much much' before Apr 3: SBI chairman
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
YES Bank crisis: You can withdraw cash up to Rs 5 lakh; here's how
Manoj Sharma
New Delhi, March 6, 2020
To allay the fears of the YES Bank depositors, RBI Governor Shaktikanta Das says the YES Bank revival process will be done \"very swiftly, very fast\"
PMC Bank scam: Only 10% of deposits withdrawn as RBI clampdown continues
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
Inspection on scam-hit PMC Bank yet to be finalised: RBI
PTI
New Delhi, December 29, 2019
Replying to an RTI query, the RBI says preliminary findings of the RBI indicated large-scale irregularities in the bank, warranting supersession of its board of directors and imposition of all inclusive directions of the Banking Regulation Act, 1949
PMC Bank scam: 78% depositors can withdraw entire amount, says Nirmala Sitharaman
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
PMC Bank case: RBI Governor discusses auction of attached assets with ED, Mumbai police to help depositors
BusinessToday.In
November 19, 2019
The primary agenda of the meeting was to discuss the disposal of attached assets and associated legal procedure to raise funds for repaying the depositors and reconstructing the crisis-hit PMC Bank
PIL in HC seeks lifting of restriction on cash withdrawal from PMC bank
PTI
November 1, 2019
PMC Bank fraud: ED raids 6 locations in Mumbai, files money-laundering case
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
PMC Bank officials deposited Rs 2,000 crore in HDIL bosses' personal accounts: Mumbai police
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
PMC Bank crisis: How to avail of more than Rs 1 lakh deposit insurance cover
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
RBI supersedes board of PMC Bank, appoints Jai Bhagwan Bhoria as new administrator
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
PMC Bank: Suspended MD says lender hid info on HDIL bad loans from RBI to avoid action
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
PMC Bank: Congress says crisis reminds people of demonetisation
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.
What went wrong in PMC Bank? RBI lists three wrongdoings
Anand Adhikari
September 26, 2019
These violations include financial irregularities, failure of internal control and systems and under-reporting of its (lending) exposure
PMC Bank: RBI increases withdrawal limit to Rs 10,000 from Rs 1,000
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
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