24 Jun 2020
Union government decides to bring cooperative banks under RBI's supervision
In a move meant to boost depositors' confidence, the Union government has decided to bring all cooperative banks under the supervision of Reserve Bank of India (RBI), Union Minister Prakash Javadekar announced in a virtual press conference on Wednesday, after a cabinet meeting.
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.
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.
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.
26 Sep 2019
Pune: 11 dead after heavy rains; schools and colleges shut
Incessant rainfall since Wednesday night has thrown normal life out of gear in Pune, with at least eleven people losing their lives in rain-related incidents.
07 Dec 2018
Pune: Restaurants now serve half-filled glasses of water, reason's praiseworthy
A drop saved is a drop earned.
30 Jul 2018
Patna: Nalanda Hospital flooded with rainwater, fish swim inside ICU
The patients undergoing treatment at Patna's Nalanda Medical College Hospital were given company by fishes, after ICU and general wards got flooded by rainwater.
17 Feb 2017
Mumbai's iconic red BEST buses may turn yellow
If a new proposed design is approved, Mumbai's red BEST buses may soon turn white with yellow stripes. The design, as well as a new logo being considered, came from JJ Institute of Applied Art.