Maharashtra-based PMC Bank can withdraw upto Rs 1 lakh by invoking the 'hardship provisions' of the RBI.
02 Dec 2019 2:14 PM
On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.
06 Nov 2019 3:44 PM
The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.
04 Nov 2019 2:43 PM
Five persons, including HDIL promoters and bank's top management, have been arrested.
29 Oct 2019 5:48 PM
The central bank and barred from renewing, or granting any loans, or making investments.
26 Sep 2019 10:00 AM
The bill, introduced in the the lower house on August 11, 2017, has a 'bail-in' clause.
18 Jul 2018 7:54 PM
Bill provides for establishment of a resolution corporation with powers relating to transfer of assets to a healthy financial firm.
07 Dec 2017 10:49 AM
Maharashtra Protection of Interest of Depositors Act has ordered sale of assets of nine firms.
01 Jun 2017 11:53 AM