HDIL

Timelines
PMC Bank crisis: RBI raises withdrawal limit to Rs. 50,000

05 Nov 2019

PMC Bank crisis: RBI raises withdrawal limit to Rs. 50,000

The withdrawal limit for account holders of the crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank has been raised to Rs. 50,000, the Reserve Bank of India (RBI) said in a press release on Tuesday.

Mumbai: Two senior citizens faint protesting over PMC Bank crisis

19 Oct 2019

Mumbai: Two senior citizens faint protesting over PMC Bank crisis

As depositors of scam-hit Punjab and Maharashtra Cooperative Bank (PMC) staged a protest outside the Reserve Bank of India (RBI) headquarters in Mumbai on Saturday, two senior citizens, who had joined the protest, fainted.

PMC crisis: 83-year-old dies; couldn't withdraw funds for heart surgery

19 Oct 2019

PMC crisis: 83-year-old dies; couldn't withdraw funds for heart surgery

An 83-year-old account holder of the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank died of heart attack in Mumbai on Friday, after failing to raise sufficient funds for heart surgery.

PMC Bank: SC dismisses petition to end cash withdrawal restrictions

18 Oct 2019

PMC Bank: SC dismisses petition to end cash withdrawal restrictions

On Friday, the Supreme Court refused to hear a petition filed on behalf of account holders in the Punjab and Maharashtra Co-operative (PMC) Bank seeking the lifting of restrictions on cash withdrawals.

Rs. 90L stuck in PMC Bank, depositor dies of heart-attack

15 Oct 2019

Rs. 90L stuck in PMC Bank, depositor dies of heart-attack

Thousands of customers of PMC Bank don't know when will they get access to their own hard-earned money. Their savings, spanning years, have been locked up by RBI.

PMC crisis: Nirmala Sitharaman says she'll talk to RBI Governor

10 Oct 2019

PMC crisis: Nirmala Sitharaman says she'll talk to RBI Governor

Finance Minister Nirmala Sitharaman met distressed customers of the crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) on Thursday and assured them she will speak to Shaktikanta Das, the Governor of Reserve Bank of India (RBI), this evening.

Selling jewelry to survive after PMC Bank's collapse: TV actress

09 Oct 2019

Selling jewelry to survive after PMC Bank's collapse: TV actress

Evidently, the ongoing Punjab & Maharashtra Co-operative Bank crisis has affected the lives of its customers/account-holders.