Waryam Singh

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: 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: 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

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.