Pmc Bank Cash Withdrawal
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Withdrawal Limit Raised To Rs 50,000 For Crisis-Hit PMC Bank Customers
This is the fourth time the regulator has increased the withdrawal limits for PMC Bank account holders since it clamped down on bank on September 23.
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PM Should Remove Withdrawal Limit For PMC Bank Depositors: Congress
The Congress party on Wednesday challenged Prime Minister Narendra Modi to show "courage" and announce the removal of cap on withdrawal of money by depositors of scam-hit Punjab and Maharashtra Co-operative (PMC) Bank.
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PMC Bank Crisis: PMC Bank Customers Stage Protest Outside RBI
Around 50 depositories of the scam-hit Punjab and Maharashtra Cooperative Bank staged a protest outside the RBI demanding revoking restrictions on cash withdrawal, currently capped at Rs 40,000 over a six-month period.
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PMC Bank Crisis: Police Custody Of HDIL Directors Extended To October 14
A Mumbai court has extended police custody of HDIL Directors Rakesh and Sarang Wadhwan till October 14 after they were arrested last week in connection with loan default worth Rs 4,355 crore at PMC Bank
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RBI Will Not Allow Any Co-Operative Bank To Collapse: Shaktikanta Das On PMC Bank Crisis
RBI on PMC Bank: On Thursday, RBI raised withdrawal limit for account holders of the PMC Bank to Rs. 25,000 from earlier withdrawal limit of Rs. 10,000.
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PMC Bank Chief Reveals How He Hid Bad Loans From RBI For 10 Years
Last week, the RBI took the rare step of limiting withdrawals from PMC, causing depositors to besiege the bank's branches to retrieve their money.
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"Told Money In Bank Safe. What Safety?": Angry PMC Depositors On RBI Move
PMC bank customers left stressed after the RBI imposed withdrawal limits have lodged a complaint at a Mumbai police station, pointing out they have been cut off from their hard-earned money for no fault of theirs
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Make RBI Accountable For PMC Bank Problems: Unions To Finance Minister
According to the unions, RBI and the government should take criminal action on the top management of the PMC Bank for not classifying the huge loan given to Housing Development Infrastructure Ltd. (HDIL).
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RBI Raises Withdrawal Limit To Rs 10,000 For PMC Bank Account Holders
PMC Bank: Reserve Bank Of India (RBI) said it is "closely monitoring the position and shall continue to take further steps as are necessary to safeguard the interest of the depositors of the bank".
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Depositors Protest As Curbs Put On PMC Bank
Depositors of the PMC Bank were informed on Tuesday they can withdraw only a sum of Rs 1,000 from their bank account over the next six months.
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PMC Bank: Depositors Panic As RBI Imposes Rs 1,000 Withdrawal Limit On Lender
PMC Bank: RBI restricted PMC Bank from making any advances or loans to its customers.
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Withdrawal Limit Raised To Rs 50,000 For Crisis-Hit PMC Bank Customers
This is the fourth time the regulator has increased the withdrawal limits for PMC Bank account holders since it clamped down on bank on September 23.
-
PM Should Remove Withdrawal Limit For PMC Bank Depositors: Congress
The Congress party on Wednesday challenged Prime Minister Narendra Modi to show "courage" and announce the removal of cap on withdrawal of money by depositors of scam-hit Punjab and Maharashtra Co-operative (PMC) Bank.
-
PMC Bank Crisis: PMC Bank Customers Stage Protest Outside RBI
Around 50 depositories of the scam-hit Punjab and Maharashtra Cooperative Bank staged a protest outside the RBI demanding revoking restrictions on cash withdrawal, currently capped at Rs 40,000 over a six-month period.
-
PMC Bank Crisis: Police Custody Of HDIL Directors Extended To October 14
A Mumbai court has extended police custody of HDIL Directors Rakesh and Sarang Wadhwan till October 14 after they were arrested last week in connection with loan default worth Rs 4,355 crore at PMC Bank
-
RBI Will Not Allow Any Co-Operative Bank To Collapse: Shaktikanta Das On PMC Bank Crisis
RBI on PMC Bank: On Thursday, RBI raised withdrawal limit for account holders of the PMC Bank to Rs. 25,000 from earlier withdrawal limit of Rs. 10,000.
-
PMC Bank Chief Reveals How He Hid Bad Loans From RBI For 10 Years
Last week, the RBI took the rare step of limiting withdrawals from PMC, causing depositors to besiege the bank's branches to retrieve their money.
-
"Told Money In Bank Safe. What Safety?": Angry PMC Depositors On RBI Move
PMC bank customers left stressed after the RBI imposed withdrawal limits have lodged a complaint at a Mumbai police station, pointing out they have been cut off from their hard-earned money for no fault of theirs
-
Make RBI Accountable For PMC Bank Problems: Unions To Finance Minister
According to the unions, RBI and the government should take criminal action on the top management of the PMC Bank for not classifying the huge loan given to Housing Development Infrastructure Ltd. (HDIL).
-
RBI Raises Withdrawal Limit To Rs 10,000 For PMC Bank Account Holders
PMC Bank: Reserve Bank Of India (RBI) said it is "closely monitoring the position and shall continue to take further steps as are necessary to safeguard the interest of the depositors of the bank".
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Depositors Protest As Curbs Put On PMC Bank
Depositors of the PMC Bank were informed on Tuesday they can withdraw only a sum of Rs 1,000 from their bank account over the next six months.
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PMC Bank: Depositors Panic As RBI Imposes Rs 1,000 Withdrawal Limit On Lender
PMC Bank: RBI restricted PMC Bank from making any advances or loans to its customers.
