PMC

Timelines
Union government decides to bring cooperative banks under RBI's supervision

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.

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 crisis: RBI hikes withdrawal limit to Rs. 40,000

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.

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.

PMC Bank crisis: Two HDIL Directors arrested

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.

Pune: 11 dead after heavy rains; schools and colleges shut

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.

Pune: Restaurants now serve half-filled glasses of water, reason's praiseworthy

07 Dec 2018

Pune: Restaurants now serve half-filled glasses of water, reason's praiseworthy

A drop saved is a drop earned.

Patna: Nalanda Hospital flooded with rainwater, fish swim inside ICU

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.

Mumbai's iconic red BEST buses may turn yellow

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.