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Delhi LG takes note of Satyendar Jain heading Prison Department during crime syndicate run by conman Sukesh from jail
The LG has also noted that the Prison Department was under the now-jailed AAP leader and minister Satyendar Jain
PMC Bank scam: HDIL MD Sarang Wadhawan's wife received Rs 70 lakh salary for working as retainer, finds ED probe
In her statement to the ED, Anu Wadhawan said that she was not a director on any of the HDIL group companies
PMC Bank scam: EOW submits 32000-page chargesheet; HDIL promoters Rakesh Wadhawan, son Sarang among five accused booked
According to the RBI, PMC bank masked 44 problematic loan accounts, including HDIL loan accounts, by tampering with its core banking system, and the accounts were accessible only to limited staff members.
PMC Bank scam: RBI-appointed administrator to seek valuation of HDIL's aircraft, yacht; plans to appoint consultant
These assets belong to HDIL group firms owned by Rakesh Wadhawan and his son Sarang, the prime accused in the Rs 6,500-crore scam at the cooperative lender.
PMC Bank scam: EOW may file its first chargesheet against promoters of HDIL today; Wadhawans booked under PMLA in over Rs 6,300 cr fraud
The PMC Bank, which has around 16 lakh depositors, was placed under an RBI administrator on 23 September for six months due to massive under-reporting of dud loans
PMC Bank scam: Enforcement Directorate files 7,000-page chargesheet against HDIL promoters Rakesh Wadhawan, son Sarang
The PMC Bank, which has around 16 lakh depositors, was placed under an RBI administrator on 23 September for six months due to massive under-reporting of dud loans.
PMC Bank scam: Nearly 78% depositors can withdraw entire deposits, says govt; efforts underway to repay customers money
Sitharaman also said in Lok Sabha that in case of medical emergencies, marriages and other crisis situations, a depositor of PMC Bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of RBI.
PMC Bank scam: Court allows RBI-appointed administrator to sell two jets, yacht of promoters of HDIL group
A court here has allowed the RBI-appointed administrator for the PMC Bank to sell two airplanes and a yacht belonging to HDIL group firms owned by Rakesh Wadhawan and his son Sarang, the prime accused in the Rs 4,355-crore scam at the cooperative lender
PMC Bank scam: Distressed depositors hold day-long protest at RBI office in Delhi
Distressed depositors of scam-hit PMC Bank on Wednesday held a day-long protect outside the RBI office here, demanding their "hard-earned" money be returned at the earliest
PMC Bank scam: Top bank officials hid HDIL accounts from system, RBI tells Bombay High Court
Senior officials of scam-hit PMC Bank used special codes to hide hundreds of dummy loan accounts of HDIL, to which the bank had over 73 percent of its loan exposure, the Reserve Bank informed the Bombay High Court on Tuesday
PMC Bank scam: RBI governor Shaktikanta Das says closely monitoring situation, forensic audit underway
Reserve Bank Governor Shaktikanta Das on Thursday said it is closely monitoring the situation at scam-hit PMC Bank and a forensic audit is underway
PMC Bank scam: Depositors gather outside RBI Delhi office, demand assurance on return of their savings
A group of distressed PMC depositors gathered outside the Reserve Bank of India (RBI) office here on Wednesday, seeking an assurance that their deposits in the scam-hit corporative bank are safe and will be returned to them within a stipulated time
PMC Bank scam: HDIL promoters diverted Rs 160-cr loan to three Delhi-based hotels, reveals ED probe
The EOW has arrested five persons in the Rs 4,355-crore PMC Bank scam, including HDIL's Wadhawans and the bank's former chairman Waryam Singh and former managing director Joy Thomas.
PMC Bank scam: RBI increases withdrawal limit to Rs 50,000 per account; over 78% of depositors covered
The Reserve Bank on Tuesday increased the withdrawal limits for depositors of the scam-hit Punjab and Maharashtra Cooperative Bank (PMC Bank) to Rs 50,000 from Rs 40,000 per account
PMC Bank scam: Bombay HC asks RBI what steps were taken to help depositors; next hearing on 19 November
The Bombay High Court on Monday sought to know from the Reserve Bank of India what steps it has taken to protect the interests of depositors of the crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank
PMC Bank scam: Major relief for depositors as RBI asks Mumbai Police to release attached assets for auction
On Wednesday, depositors of the PMC Bank protested in Mumbai seeking an immediate payback of their dues from the troubled cooperative.
PMC Bank scam: Court extends HDIL promoters Rakesh Wadhawan, son Sarang's ED custody till 24 October
A Mumbai court on Tuesday extended the ED custody of HDIL promoters Rakesh Wadhawan and his son Sarang Wadhawan, arrested in connection with Rs 4,355 crore Punjab and Maharashtra Cooperative (PMC) Bank scam, till 24 October
Scam-hit HDIL appoints property consultant Knight Frank to value 40 land assets valued at Rs 8,000 cr
HDIL sources said "the current value of the 18 valued properties will cross over 3,500 crore, while other 22 properties would be another Rs 4,000 crore."
P Chidambaram flays govt over economic indicators; says imports, exports down, bank credit declined, no new investment
Chidambaram, the former finance minister, said he has asked his family to tweet, giving two more economic indicators for the people to draw their own conclusions
PMC Bank scam: Five prime accused involved in fraud behind bars now, about Rs 4,000 cr assets seized; all you need to know
PMC Bank is under regulatory restriction since 23 September after the RBI found that financial irregularities at the bank.