Pmc Bank Fraud

The Reserve Bank of India granted the in-principle-approval to Centrum Financial Services, to set up a small finance bank, paving the way for the acquisition of the scam-hit PMC Bank

The Enforcement Directorate has arrested Yes Bank co-promoter Rana Kapoor in a fresh money laundering case linked to an alleged Rs 4,300 crore fraud at the PMC Bank in Maharashtra, official sources said on Wednesday.

The Enforcement Directorate has arrested two people following raids on the premises of a firm promoted by a Maharashtra MLA for alleged "illegal diversion of bank funds" in the Rs 4,300-crore PMC Bank fraud and money laundering case, official sources said on Saturday.

The Enforcement Directorate raided some of the premises linked to a Maharashtra MLA in connection with its money laundering probe in the alleged Rs 4,300 crore Punjab and Maharashtra Co-operative (PMC) Bank fraud case, official sources said.

Shiv Sena leader Sanjay Raut's wife has been issued summons by the Enforcement Directorate on January 5 after she sought more time on Tuesday to appear for questioning in the PMC bank fraud case. Varsha Raut had been called in by the agency that investigates financial crimes on Sunday prompting a war of words between Maharashtra's ruling Shiv Sena ...

A banner that says "BJP state office" in Hindi has been put up outside the Enforcement Directorate branch in Mumbai, allegedly by Shiv Sena workers this afternoon, after senior party leader Sanjay Raut's wife was summoned for questioning by the central agency in the PMC bank fraud case.

Agencies like Enforcement Directorate are not important as they are increasingly being used in a political power game, Shiv Sena's Sanjay Raut said a day after his wife was summoned again for questioning in the PMC bank fraud case.

Shiv Sena leader Sanjay Raut's wife Varsha Raut has been summoned for questioning by the Enforcement Department in the PMC bank fraud case. She has to meet the officials on December 29 at the agency's Mumbai office.

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, along with former PMC Bank chairman Waryam Singh and other directors of the firm, in an alleged Rs 200-crore loan fraud in Yes Bank involving Mack Star company, officials said Friday.

Exactly one year ago, on September 23, 2019, the Reserve Bank of India had superseded the board of the multi-state urban cooperative bank.

The Enforcement Directorate (ED) has attached three hotels worth around Rs 100 crore in Delhi in connection with its money laundering probe in the PMC Bank fraud case, the central agency said on Friday.

HDIL and its associates owe Rs 6,981 crore to PMC, but at Rs 1,160 crore, the realisable value of its securities was "grossly insufficient".

The Bombay High Court has sought details from the Maharashtra government about the health condition of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, arrested on charges of money laundering in the multi-crore PMC Bank fraud case.

The banking sector has witnessed a series of scams, including about Rs 14,000 crore fraud in Punjab National Bank and the recent PMC Bank crisis that affected lakhs of depositors.

The Mumbai Police will investigate how the Reserve Bank of India audit missed various irregularities in the PMC bank transactions, the metropolis police chief said on Wednesday.

The Reserve Bank of India granted the in-principle-approval to Centrum Financial Services, to set up a small finance bank, paving the way for the acquisition of the scam-hit PMC Bank

The Enforcement Directorate has arrested Yes Bank co-promoter Rana Kapoor in a fresh money laundering case linked to an alleged Rs 4,300 crore fraud at the PMC Bank in Maharashtra, official sources said on Wednesday.

The Enforcement Directorate has arrested two people following raids on the premises of a firm promoted by a Maharashtra MLA for alleged "illegal diversion of bank funds" in the Rs 4,300-crore PMC Bank fraud and money laundering case, official sources said on Saturday.

The Enforcement Directorate raided some of the premises linked to a Maharashtra MLA in connection with its money laundering probe in the alleged Rs 4,300 crore Punjab and Maharashtra Co-operative (PMC) Bank fraud case, official sources said.

Shiv Sena leader Sanjay Raut's wife has been issued summons by the Enforcement Directorate on January 5 after she sought more time on Tuesday to appear for questioning in the PMC bank fraud case. Varsha Raut had been called in by the agency that investigates financial crimes on Sunday prompting a war of words between Maharashtra's ruling Shiv Sena ...

A banner that says "BJP state office" in Hindi has been put up outside the Enforcement Directorate branch in Mumbai, allegedly by Shiv Sena workers this afternoon, after senior party leader Sanjay Raut's wife was summoned for questioning by the central agency in the PMC bank fraud case.

Agencies like Enforcement Directorate are not important as they are increasingly being used in a political power game, Shiv Sena's Sanjay Raut said a day after his wife was summoned again for questioning in the PMC bank fraud case.

Shiv Sena leader Sanjay Raut's wife Varsha Raut has been summoned for questioning by the Enforcement Department in the PMC bank fraud case. She has to meet the officials on December 29 at the agency's Mumbai office.

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, along with former PMC Bank chairman Waryam Singh and other directors of the firm, in an alleged Rs 200-crore loan fraud in Yes Bank involving Mack Star company, officials said Friday.

Exactly one year ago, on September 23, 2019, the Reserve Bank of India had superseded the board of the multi-state urban cooperative bank.

The Enforcement Directorate (ED) has attached three hotels worth around Rs 100 crore in Delhi in connection with its money laundering probe in the PMC Bank fraud case, the central agency said on Friday.

HDIL and its associates owe Rs 6,981 crore to PMC, but at Rs 1,160 crore, the realisable value of its securities was "grossly insufficient".

The Bombay High Court has sought details from the Maharashtra government about the health condition of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, arrested on charges of money laundering in the multi-crore PMC Bank fraud case.

The banking sector has witnessed a series of scams, including about Rs 14,000 crore fraud in Punjab National Bank and the recent PMC Bank crisis that affected lakhs of depositors.

The Mumbai Police will investigate how the Reserve Bank of India audit missed various irregularities in the PMC bank transactions, the metropolis police chief said on Wednesday.