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
The Economic Offences Wing (EOW) of Mumbai police on Tuesday arrested three Directors of the Board of Punjab and Maharashtra Co-operative (PMC) Bank in connection with the alleged bank scam case. ...
Union Finance Minister Nirmala Sitharaman has said that the Central government is making efforts to ensure better regulatory mechsm in the banking sector in the backdrop of PMC and IL&FS debt issues. ...
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. ...
