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
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). ...
A petition was filed in the Supreme Court seeking quashing of the Reserve Bank of India circular which has restricted the withdrawal, to Rs 40,000 only, by account-holders of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank. ...
Former prime minister Dr Manmohan Singh on Thursday appealed to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Maharashtra Chief Minister Devendra Fadnavis to look into the Punjab and Maharashtra Co-operative (PMC) Bank matter ...
The Bombay High Court on Thursday agreed to hear the Public Interest Litigation (PIL) which sought relief from an RBI order of Rs 10,000 withdrawal limit in Punjab and Maharashtra Co-operative (PMC) Bank. ...
Against the backdrop of the deaths of two depositors in the past two days, over 100 agitated depositors of the sanction-hit Punjab & Maharashtra Cooperative Bank Ltd staged a protest outside the Esplanade Court here on Wednesday demanding justice. ...
A customer with around Rs 90 lakh in the crisis-hit Punjab & Maharashtra Cooperative Bank Ltd has died. Sanjay Gulati had already lost his job earlier this year following the collapse of the Jet Airways, and now restrictions on his hard-earned saving ...
