Punjab & Maharashtra Co-operative Bank Limited also known as PMC Bank, is a Multi-State Co-operative Bank that began operations in 1983. It has 137 branches spread over half a dozen states of India and nearly 100 branches are in Maharashtra. It is regulated by the Reserve Bank of India and registered under the Cooperative Societies Act.It also has branches in Karnataka, Goa, Delhi, Madhya Pradesh and Gujarat. Read More
In a detailed affidavit filed before the Bombay High Court on Tuesday, the Reserve Bank of India (RBI) has virtually admitted that it was 'cheated' by the management of the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank. ...
In a detailed affidavit filed before the Bombay High Court on Tuesday, the Reserve Bank of India (RBI) has virtually admitted that it was 'fooled' by the management of the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank. ...
Amid protests by over 200 depositors of Punjab & Maharashtra Cooperative Bank Ltd, the Reserve Bank of India on Tuesday filed its affidavit in the matter before the Bombay High Court, a lawyer said. ...
Union Finance Minister Nirmala Sitharaman said that the recently announced plan of Rs 10,000 crore for the real estate sector has shown great results. ...
RBI Governor Shaktikanta Das on Thursday said there is a forensic audit underway in PMC Bank and that it is closely monitoring the situation and has already given inputs for the proposed amendments in the Cooperative Societies Act to the Finance Mini ...
