India.com Business Desk | Oct 10, 2019, 2:09 PM IST
Sitharaman said though her ministry has nothing to do with the matter directly, still, she will take all necessary actions to curb such bank frauds.
India.com Business Desk | Oct 10, 2019, 1:17 PM IST
On September 24, the RBI restrained the PMC Bank from carrying out a majority of its routine businesses for a period of six months. This caused panic among the depositors.
India.com Business Desk | Oct 10, 2019, 12:49 PM IST
Explaining the difficulties faced after the PMC bank crisis, TV actor Nupur Alankar told news agency ANI, "I had to plead and borrow from people. Our accounts are frozen and payment cards aren't working."
India.com News Desk | Oct 7, 2019, 2:30 PM IST
Holding RBI responsible for the PMC bank account holders loss of money, the SAD spokesperson on Monday said, "RBI is responsible and it must return our money.
IANS | Oct 6, 2019, 3:04 PM IST
Notably, Waryam Singh was nabbed by the Economic Offences Wing of Mumbai Police from his hiding place in Mahim on Saturday and was produced before a magistrate court on Sunday.
India.com News Desk | Oct 5, 2019, 5:16 PM IST
A day after his arrest, Mumbai's Esplanade Court on Saturday sent Thomas to police custody till October 17 in connection with the alleged Rs 6,500 crore scam.
India.com News Desk | Oct 5, 2019, 2:18 PM IST
Joy Thomas was arrested yesterday by the Economic Offences Wing (EOW) of Mumbai Police in connection with the multi-crore scam.
India.com News Desk | Oct 4, 2019, 7:49 PM IST
The development comes a day after the Economic Offence Wing of Mumbai Police arrested Housing Development Infrastructure Limited (HDIL) Directors Sarang Wadhawan and Rakesh Wadhwan.
India.com Business Desk | Oct 3, 2019, 9:39 PM IST
The move from the RBI comes days after a PIL was filed in the Bombay High Court, challenging the restrictions imposed by the central bank on the crisis-hit PMC Bank.
India.com News Desk | Oct 3, 2019, 6:43 PM IST
Their assets and properties worth Rs 35,000 crore have also been frozen by the authorities.
PTI | Sep 30, 2019, 11:56 PM IST
The FIR has been filed under Sections 409 (criminal breach of trust by a public servant or banker), 420 (cheating), and 465, 466 and 471 (related to forgery) of the Indian Penal Code along with 120 (b) (criminal conspiracy).
India.com Business Desk | Sep 26, 2019, 4:17 PM IST
The RBI's move of raising the withdrawal limit to Rs 10,000 has come as a huge relief to the PMC bank customers.
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