PMC bank account holders get assurance from Finance Minister Nirmala Sitharaman
PMC is in weak condition allegedly due to its exposure to the near-bankrupt realty player HDIL which has loaned over 70 per cent of its...
Tag : PMC Bank
PMC account holders demand ‘No Bail, Only Jail’ for bank officials
Account-holders protest on the streets of Mumbai for actions against PMC heads Mumbai| PMC bank customers hit Mumbai street again accusing Reserve Bank of India...
The Trust We Lost
If the auditors of PMC Bank have been a relatively unknown CA firm called Lakdawala & Co., those of ILFS were multinational giants like KPMG...
PMC Bank MD Joy Thomas arrested by Mumbai Police
ED registered a money laundering case against PMC bank officials and directors of realty firm HDIL Rakesh and Sarang Wadhawan in the PMC Bank case....
Headlines: Congress issues Showcause notice to MLA Aditi Singh for defying party orders
The Congress has issued a show cause notice to its rebel Uttar Pradesh legislator Aditi Singh who violated the party decision and attended the special...
PMC Bank Scam: ED registers money laundering case, raids 6 locations in Mumbai
The HDIL group and PMC official nexus came into the light after the RBI put restrictions on the bank. Reportedly, out of the total loan...
PMC Bank Scam: HDIL officials Rakesh and Sarang Wadhvan arrested
Rakesh Kumar is Executive Chairman of the HDIL whereas Sarang Wadhvan is managing director of the company. Mumbai| In a first definitive action post the...
Business Headlines: Will Yes Bank become the next PMC?
The country’s fourth largest private lender Yes Bank is in the midst of a crisis. It is staring at a crisis of both trust and...
PMC Bank crisis: FIR filed against HDIL and PMC Bank officials
Several account holders of Punjab and Maharashtra Co-operative Bank (PMC Bank) had lodged a police complaint against the bank officials on Thursday Mumbai| The Economic...
What a rot!
EPFO is a central government organisation and despite having unending procedures and controls on paper, there is such rampant mismanagement of its funds. An...