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One more PMC Bank account holder dies of heart-attack, 'No money for treatment': son

Murlidhar Dhara, was suffering from a heart-related ailment for a long time and was to undergo the bypass surgery.

18 Oct 2019 7:24 PM

SC dismisses plea by PMC account holders over cash withdrawals

Govt is aware of the seriousness of the situation and the ED is taking appropriate action against the culprit.

18 Oct 2019 11:49 AM

Omission of irregularities in PMC bank working will be probed: Mumbai police

In this case, the loans were not shown in the name of HDIL but were shown in the accounts of different names.

17 Oct 2019 8:59 AM

Another PMC Bank depositer dies of heart attack, family says he was under stress

Fattomal Punjabi is reportedly the second customer of PMC Bank to die in less than 24 hours.

16 Oct 2019 9:00 AM

PMC Bank scam: 2nd depositor dies of heart attack

The deceased, Fattomal Punjabi has an account with the PMC bank’s Mulund branch.

16 Oct 2019 2:04 AM

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Man with Rs 90L in PMC bank dies after protest

The deceased, identified as Sanjay Gulati, used to work with Jet Airways.

16 Oct 2019 1:51 AM

Ex-Jet Airways employee with Rs 90L in PMC Bank dies of heart attack after protest

According to reports in a section of media, Gulati lost his job after the grounding of Jet Airways and is survived by a specially-abled son.

15 Oct 2019 12:17 PM

After FM’s intervention, withdrawal limit for PMC Bank customers raised to Rs 40,000

RBI is monitoring the developments and shall take necessary steps in the interest of the depositors.

14 Oct 2019 8:30 PM

RBI raises PMC Bank customers' withdrawal limit to Rs 40,000

With this, about 77 per cent of the depositors will be able to withdraw their entire account balance, said RBI.

14 Oct 2019 7:56 PM

Fadnavis assures depositors of PMC bank that issue will be discussed with PM

The bank had allegedly lent over 70 pc of its Rs 9,000 crore in loans to near-bankrupt realty player.

12 Oct 2019 12:22 PM

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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.

10 Oct 2019 3:00 PM

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.

09 Oct 2019 12:44 PM

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.

08 Oct 2019 5:32 PM

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.

07 Oct 2019 4:56 AM

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.

07 Oct 2019 2:19 AM

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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.

04 Oct 2019 8:10 PM

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.

04 Oct 2019 10:33 AM

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.

02 Oct 2019 3:56 PM

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.

01 Oct 2019 5:49 PM

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