"PMC Bank"

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HDIL promoters Wadhawans walk out of jail after 4 yrs Rakesh Wadhawan and Sarang, HDIL promoters, were granted bail by Bombay High Court after 4 years due to delayed trials in PMC Bank fraud cases. The court highlighted the right to a speedy trial and the.. IndiaTimes - Published 3 weeks ago
PMC Bank Scam Case: Bombay High Court grants bail to Anita Shankar Kirdat Anita Shankar Kirdat, the concurrent auditor of PMC Bank was granted bail by the Bombay High Court in connection with the PMC Bank Scam Case Mid-Day - Published on March 22, 2024
Depute nurse, physiotherapist to Arthur Road jail for Wadhawan directs high court, denies medical bail The Bombay High Court has denied bail on medical grounds to Rakesh Wadhawan, the promoter of HDIL in the PMC Bank case. However, the court has directed JJ Medical hospital to provide necessary medical.. IndiaTimes - Published on October 29, 2023
Mumbai: Private developer may be booked for clogging drains on NH-48 Revenue officials probe PMC Bank scam accused Rakesh Wadhawan, on whose land debris was being dumped illegally for over 3 years Mid-Day - Published on July 6, 2023
PMC Bank fraud case: Bombay HC grants bail to Vivo Group`s auditor Justice CV Bhadang while granting bail on April 27, stated that the investigation of the applicant is complete. The necessary seizure of the documents has been made and the two units have been attached Mid-Day - Published on April 28, 2022Also reported by •Indian Express
BJP leader Kirit Somaiya alleges Rs 1,000 cr scam by Shiv Sena leaders in Mumbai Earlier this month, Shiv Sena leader Sanjay Raut had alleged that Somaiya is among the beneficiaries of the multi-crore Punjab and Maharashtra Co-operative (PMC) Bank scam Mid-Day - Published on March 20, 2022
Court rejects pre-arrest bail plea filed by BJP leader Kirit Somaiya`s son The attempt to seek anticipatory bail came after Shiv Sena MP Sanjay Raut in a recent press conference demanded the arrest of the Somaiyas for their alleged links to the multi-crore Punjab and.. Mid-Day - Published on March 1, 2022
ED searches three sites connected to Pravin Raut, accused in PMC Bank fraud Indian Express - Published on February 24, 2022
PMC Bank director tries to flee country, held at Indo-Nepal border in Bihar Daljit Singh Bal one of the Punjab and Maharashtra Cooperative (PMC) Bank’s absconding directors in the loan fraud case, was on Wednesday detained by the immigration authorities at the India-Nepal.. IndiaTimes - Published on February 4, 2022
PMC Bank scam: Prime suspect Daljit Singh Bal nabbed in Bihar Daljit Singh Bal was attempting to flee the nation, as he was on his way to Nepal via the Raxaul border then onto Canada. DNA - Published on February 3, 2022
PMC Bank scam: Mumbai Police arrest absconding former director in Bihar The Economic Offences Wing (EOW) of the Mumbai police, which is probing the multi-crore scam, had issued a lookout notice against Bal and 10 former directors of the bank Mid-Day - Published on February 3, 2022
Centre gives nod for amalgamating PMC Bank with Unity Small Finance Bank newKerala.com - Published on January 26, 2022
Takeover process of crisis-hit PMC Bank complete In a relief for jittery depositors, all branches of the crisis-hit PMC Bank will now function as the branches of the Unity Small Finance Bank Ltd (USFBL) with the completion of the takeover that also.. IndiaTimes - Published on January 25, 2022	RBI extends restrictions on PMC Bank for 3 months till March 2022 The restrictions have been extended several times since then. The directions were last extended in June this year and are in place till December 31. Zee News - Published on December 28, 2021Also reported by •newKerala.com •IndiaTimes
Depositors of PMC Bank protest outside RBI at Bandra-Kurla Complex Money, money, money is not so funny in a Punjab and Maharashtra Co-Operative Bank (PMC) depositor’s world, as yet another high-octane protest against it shows Mid-Day - Published on December 4, 2021	PMC Bank fraud case: SC refuses to entertain bail plea of Rakesh Wadhawan, asks him to approach HC A bench comprising Chief Justice N V Ramana and Justices Surya Kant and Hima Kohli permitted senior advocate Mukul Rohatgi, appearing for Wadhawan, to withdraw the bail plea to approach the high court. Zee News - Published on December 3, 2021
Depositors of PMC Bank to get pre-Covid interest rate IndiaTimes - Published on December 1, 2021	RBI issues draft scheme for takeover of PMC Bank The Reserve Bank on Monday came up with a draft scheme for the acquisition of Punjab and Maharashtra Cooperative (PMC) Bank by Delhi-based Unity Small Finance Bank (USFB). IndiaTimes - Published on November 22, 2021
PMC Bank Customers, Alert! You won’t get Rs 5 lakh deposit cover in first lot, here’s why PMC Bank customers won’t get the Rs 5 lakh insurance cover in the first lot.   Zee News - Published on October 31, 2021	PMC Bank fraud case: Bombay HC rejects Rakesh Wadhawan`s medical bail plea Wadhawan, the founder of Housing Development Infrastructure Limited (HDIL), was arrested by the Enforcement Directorate in 2019 in the case. A single bench presided over by Justice Nitin Sambre said.. Mid-Day - Published on October 14, 2021Also reported by •Indian Express
PMC Bank fraud case: Rakesh Wadhawan can undergo pacemaker implant surgery at JJ Hospital, prison authority tells HC Indian Express - Published on September 30, 2021	PMC Bank ‘fraud’: HC asks state if govt hospital has pacemaker implant facility for Wadhawan Indian Express - Published on September 27, 2021
PMC Bank fraud case: HC asks prison authority to consider pacemaker implantation for Wadhawan Indian Express - Published on September 27, 2021	Depositors of PMC Bank, 20 coops to get up to Rs 5 lakh IndiaTimes - Published on September 23, 2021
PMC Bank scam: ED attaches HDIL Group’s shares worth Rs 233 crore Enforcement Directorate has attached partly paid Compulsorily Convertible Preference shares of HDIL group companies totalling Rs 233 crore under the provisions of Prevention of Money Laundering Act.. Zee News - Published on September 2, 2021	Good news! PMC Bank depositors to get up to Rs 5 lakh back from Nov 30 as govt takes THIS move The benefit will also accrue to the depositors of 23 cooperative banks which are under financial stress and on which the Reserve Bank of India (RBI) has imposed certain restrictions. DICGC, a.. Zee News - Published on August 31, 2021
'We are in process to setup small finance bank which will take over PMC Bank', says RBI in Delhi HC newKerala.com - Published on July 12, 2021	DNA Explainer: PMC Bank takeover by Centrum-BharatPe a relief to depositors? We try to understand The new entity has to be operational in the next 120 days and only when that is done, will the RBI draft a scheme on amalgamation with PMC Bank. DNA - Published on June 19, 2021
Centrum, BharatPe set to take over PMC Bank newKerala.com - Published on June 19, 2021Also reported by •IndiaTimes	PMC Bank resolution: RBI clears way for Centrum to set up SFB newKerala.com - Published on June 19, 2021
RBI nod to Centrum-BharatPe for PMC Bank takeover The RBI has given in-principle approval for takeover of crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank. Centrum Financial Services Limited will join hands with payment platform BharatPe to.. IndiaTimes - Published on June 18, 2021