Housing Development-and-infrastructure

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Housing Development-and-infrastructure - Total results - 6
PMC Bank case: SC stays Bombay High Court order directing sale of HDIL assets to repay dues of co-operative lender
Business

PMC Bank case: SC stays Bombay High Court order directing sale of HDIL assets to repay dues of co-operative lender

The Supreme Court on Friday stayed the Bombay High Court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure repayment of dues of crisis-hit Punjab and Maharashtra Cooperative Bank

PMC Bank scam: RBI increases withdrawal limit to Rs 50,000 per account; over 78% of depositors covered
Business

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

Three account holders of scam-hit PMC bank die within two days; Shiv Sena urges RBI governor to allow merger of bank
Business

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

PMC Bank scam: RBI increases withdrawal limit to Rs 40,000 per account; 77% of depositors covered
Business

PMC Bank scam: RBI increases withdrawal limit to Rs 40,000 per account; 77% of depositors covered

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

PMC scam: Reserve Bank of India increases withdrawal limit for depositors to Rs 25,000 per account
Business

PMC scam: Reserve Bank of India increases withdrawal limit for depositors to Rs 25,000 per account

RBI on Thursday increased the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank to Rs 25,000

PMC Bank crisis: Police complaint reveals scam-hit Bank created over 21,000 fake accounts to hide loans
Business

PMC Bank crisis: Police complaint reveals scam-hit Bank created over 21,000 fake accounts to hide loans

The police complaint accuses the bank’s management of concealing non-performing assets and disbursing loans leading to a loss of at least Rs 4,355.46 crore