The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
A Mumbai court on Tuesday extended the police custody of the former director of PMC Bank, S Surjit Singh Arora till October 22 in alleged connection with a scam case. ...
A petition was filed in the Supreme Court on Thursday challenging the RBI circulars restricting the withdrawal of money from the co-operative banks. ...
The ongoing crisis over the Punjab & Maharashtra Cooperative Bank claimed its fifth victim in a week on Saturday amidst speculation that the Reserve Bank of India (RBI) is likely to take some major decisions in the matter on Tuesday, a day after the ...
Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros - Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out w ...
Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros - Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out w ...
At the RBI Monetary Policy Committee (MPC) meeting here earlier this month, external member Chetan Ghate had complained of monetary transmission getting worse, according to the minutes of the MPC meeting released on Friday. ...
Unable to withdraw money for his treatment, a senior depositor with the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank died here on Friday, family sources said. ...
The Supreme Court on Friday refused to entertain plea seeking directions for redressal of certain aspects, including insuring around 15 lakh people whose money is blocked in the scam-hit Punjab & Maharashtra Co-operative Bank (PMC Bank). ...
