Rakesh Kumar Wadhawan
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.
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.
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.