Latest News on Punjab Maharashtra Co Operative Bank
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Punjab Maharashtra Co Operative Bank - Total results - 5
Oct 01, 2019
DHFL shares plummet 20% amid concerns over exposure to HDIL, PMC BankDewan Housing Finance Corporation Limited (DHFL) shares plummeted 20 percent on Tuesday amid concerns over its possible exposure to HDIL and Punjab & Maharashtra Co-operative Bank
Sep 26, 2019
PMC Bank crisis: RBI hikes withdrawal limit from Rs 1,000 to Rs 10,000; over 60% depositors will be able to withdraw full amountWith this relaxation, more than 60 percent of the depositors of the PMC Bank will be able to withdraw their entire account balance.
Sep 25, 2019
PMC Bank crisis: Union minister Anurag Thakur says govt will ensure people do not face problemA day after the RBI slapped restrictions on Punjab & Maharashtra Co-operative Bank (PMC Bank) citing regulatory lapses, Union minister Anurag Singh Thakur on Wednesday said the government will ensure that customers of the bank do not face any problem
Sep 25, 2019
RBI clampdown on PMC Bank: Central bank's action will have cascading effect on other co-op banks, erode customer confidencePMC Bank, which is a multi-state co-operative bank with operation in at least six states, has also been barred from taking fresh liabilities and issuing loans without the RBI permission.
Sep 24, 2019
RBI places Mumbai-based PMC Bank under directions for 6 months; depositors cannot withdraw more than Rs 1,000PMC cooperatve Bank will not, without prior approval in writing from the Reserve Bank, will be able to grant or renew any loans and advances, make any investment