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.
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.
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.
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.
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.
14 Oct 2019
PMC Bank crisis: RBI hikes withdrawal limit to Rs. 40,000
In a major relief for customers of the crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India (RBI) raised the withdrawal limit for account holders to Rs. 40,000, on Monday. Earlier, this limit was Rs. 25,000.
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.
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.
03 Oct 2019
PMC Bank crisis: Two HDIL Directors arrested
Amid the Punjab Maharashtra Co-operative (PMC) Bank crisis, the Economic Offense Wing of the Mumbai Police arrested two directors of the real estate firm Housing Development and Infrastructure Limited, or HDIL, on Thursday.
22 Sep 2016
HDFC Bank tops the Top 50 valuable Indian brands chart
India's top bank HDFC Bank has topped the Top 50 most valuable Indian brands chart this year.