pmc bank
PMC Bank: Sitharaman faces protesters; promises legislation
The depositors had gathered outside the BJP's office here ahead of FM Nirmala Sitharaman's scheduled press interaction.
Shares of HDIL hit lower circuit; fall 4.73 per cent
On the BSE, the stock of the company fell 4.73 per cent to its lower circuit limit of Rs 3.02, which was also its 52-week low.
PMC Bank crisis: It's time to massively increase depositor insurance
The PMC crisis has brought to the fore the need to increase the deposit insurance coverage provided by the DICGC.
Is your money safe with the bank?
NCDs are a debt instrument with a fixed tenure and people who invest in these receive regular interest at a certain rate.
Don’t fall for 1 or 2 per cent more FD rate at small banks
The regulator clearly has too much on his plate and is not equipped to detect wrong doing in a timely fashion.
Former MD of PMC Bank arrested in Rs 6500 crore fraud
The agency conducted searches at six places in Mumbai and neighbouring areas linked to the former chairman of the bank, promoters of HDIL.
HDIL promoters, PMC Bank board members charged with money-laundering
Mumbai Police arrested the tow directors at HDIL, Rakesh Wadhawan and Sarang Wadhawan on Thursday.
HDIL directors arrested, assets worth Rs 3,500 crore attached in PMC Bank case
More details awaited.
PMC Bank case: ICAI to check role of auditors
ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the bank as well as regulatory agencies.
Suspended PMC bank chief hid information from RBI to save itself from ‘reputational loss’
‘As loans outstanding were huge and if these were classified as NPA it would have affected the profitability,’ the letter said.