Daily Bulletin: SC to hear PIL seeking interim protection for customers in PMC Bank scam today; ED summons Praful Patel for probe in money laundering case; day's top stories
Here are today's top stories: PMC bank scam: SC to hear PIL seeking interim protection for customers today; Pakistan to remain on FATF 'Grey List' till February 2020; formal announcement to be made today; and more
PMC Bank scam: Former managing director Joy Thomas remanded to jail, ex-director S Surjit Singh Arora sent to police custody
On Wednesday, former director of PMC bank Arora was arrested by the Economic Offences Wing of the Mumbai Police in connection with the scam.
Waryam Singh, former chairman of PMC Bank purchased hotel in Punjab, Rs 2,500 cr property in Mumbai allegedly using lender's money
Waryam Singh, former chairman, PMC Bank made a lot of high-value investments from the alleged Rs 4,355-crore fraud
HDIL promoters Wadhawans write to RBI, investigating agencies to sell their attached assets to repay PMC Bank loans
The letter was released by a spokesperson of the Wadhawans.
PMC Bank scam: EOW summons former director for interrogation, seeks details on lender's loan disbursement process
Arora was a director of the PMC Bank and was also on its loan committee, an official said.
PMC Bank scam: HDIL promoters' Wadhawans, former chairman Waryam Singh remanded to judicial custody till 23 October
According to the FIR registered by the EOW of the Mumbai Police, HDIL group promoters allegedly colluded with PMC Bank management to take loans from its Bhandup branch in Mumbai.
Three account holders of scam-hit PMC bank die within two days; Shiv Sena urges RBI governor to allow merger of bank
A depositor of scam-hit PMC Bank allegedly committed suicide at her residence in Mumbai's Versova, while two more people died of a heart attack a few hours after taking part in a protest by bank customers seeking their money back
In the wake of the scam at Punjab & Maharashtra Cooperative (PMC) Bank, the All-India Reserve Bank Employees Association on Wednesday suggested ending the dual jurisdiction of urban cooperatives and bringing them under RBI jurisdiction
Religare Finvest fraud case: Delhi court extends police custody of Singh brothers, Sunil Godhwani by two days
Besides the Singh brothers, the court extended by two days the police custody of Sunil Godhwani, another accused in the Religare fraud case.
The Reserve Bank on Monday increased the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank to Rs 40,000 from Rs 25,000 per account over the next six months
A private business jet, Dassault Falcon 200 owned by accused Rakesh Wadhawan of HDIL was earlier seized by the ED
Finance Minister Nirmala Sitharaman on Thursday faced irate depositors of Punjab and Maharashtra Co-operative (PMC) Bank, and promised to bring in legislative changes for upholding of their interests
The application for the merger of Lakshmi Vilas Bank and India Bulls Housing Finance was made in May after both the parties agreed to the merger in April.
PMC Bank scam: Police custody of former chairman Waryam Singh, Wadhawans of HDIL extended till 14 October
A court on Wednesday extended till October 14 the police custody of a former chairman of the Punjab and Maharashtra Cooperative (PMC) Bank and two directors of HDIL, arrested in connection with the alleged Rs 4,355 crore scam at the bank
PMC Bank scam: Shares of HDIL hit lower circuit, fall 4.73% on reports of EOW to include auditors in probe
Shares of HDIL extended its losses on Wednesday as it fell nearly 5 percent and hit its lower circuit limit after reports that Mumbai Police's Economic Offences Wing may include the auditors of the bankrupt company in the ongoing probe of PMC Bank scam
The police told the court that they need his custody to interrogate him as he was part of the conspiracy. However, Joy Thomas's lawyer argued that he is being made a "scapegoat".
PMC Bank scam: Economic offences wing arrests former MD Joy Thomas in connection with alleged Rs 4,355 cr scam
The Mumbai Police arrested Punjab Maharashtra Co-operative Bank's former managing director Joy Thomas on Friday
HDIL chairman and managing director Rakesh Wadhawan and his son Sarang were on Friday sent to police custody till October 9 in the Punjab Maharashtra Cooperative (PMC) Bank scam, an official said
PMC Bank crisis: After arrest of HDIL promoters, ED raids 6 Mumbai locations, slap money laundering charge
The ED on Friday raided six locations in Mumbai and adjoining areas and registered a money laundering case to probe alleged fraud in the Punjab and Maharashtra Cooperative (PMC) Bank case, officials said
RBI on Thursday increased the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank to Rs 25,000