pmc bank
No exposure to HDIL, PMC Bank, says DHFL
DHFL does not have any exposure to either of them, DHFL said in a regulatory filing.
Before RBI clampdown, PMC Bank saw huge cash withdrawals from big depositors
RBI has put on PMC strict restrictions including limiting withdrawals at Rs 10,000 and banning it from lending for next six months.
PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur
PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.
PMC Bank’s HDIL exposure is 73 per cent of loan book, way above RBI norms
The admission came in after a board member leaked the actual balance-sheet details to the Reserve Bank, a source in know of the details said.
PMC's HDIL loan at Rs 6,500 cr, or 73 pc of total loan book: Ex-MD Thomas to RBI
The admission came in after a board member leaked the actual balancesheet details to the RBI, said a source.
Bring PMC, HDIL officials to book: Kirit Somaiya
They also sought an explanation from the bank’s chairman and directors on the matter.
PMC Bank board sacked, withdrawal limit raised
Cash withdrawal limit raised to Rs 10,000.
PMC Bank has enough liquidity, depositors' money fully safe, claims suspended MD
RBI has capped cash withdrawal at Rs 1,000 per customer during this period and banned the bank from any fresh lending.
Depositors protest as curbs put on Indian co-operative bank
The central bank and barred from renewing, or granting any loans, or making investments.
RBI puts restrictions on PMC Bank for 6 months
Under-reporting of bad loans could be one reason behind RBI placing restrictions.