Pmc Bank Depositors

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: 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: Depositors continue protest seeking payback; police detains three agitators

Depositors of the PMC Bank on Wednesday protested in the financial capital, seeking an immediate payback of their dues from the troubled cooperative

PMC Bank scam: Depositors continue with their protests by agitating outside RBI office, seek payback of stuck money

Harried depositors of the troubled Punjab and Maharashtra Cooperative (PMC) Bank continued with their protests by agitating outside an office of the Reserve Bank here on Tuesday, to demand a payback of their stuck money

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

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

Scams aren't new, but PMC Bank turned them into a business model while RBI slept through it all

In the last two days, three Mumbai-based depositors of PMC Bank have died; one committed suicide while the other two suffered heart attacks.

PMC scam: Central bank employees union wants cooperative banks under full control of RBI

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

Former PMC Bank chairman Waryam Singh, HDIL directors' police custody extended till 16 October; depositors protest outside court

The Economic Offences Wing (EOW) arrested all three accused last week for their alleged involvement in the Rs 4,355-crore fraud at PMC Bank