ED’s probe unveils massive Loan Fraud: PMC Bank Scandal deepens
In a startling development, the Enforcement Directorate (ED) has taken significant steps in the ongoing investigation of the Punjab & ...
Tag: PMC Bank
Doing well Shivkrupa Credit Co-op demands CASA for credit societies
Though on a growth path on its own, the second largest credit cooperative of Maharashtra- Shivkrupa Credit Cooperative Society is ...
Vaishya Sahakari Bank: PMC legacy continues to haunt smaller UCBs
Those smaller UCBs which parked their money with the erstwhile Punjab and Maharashtra Cooperative (PMC) Bank continue to suffer and ...
NAFCUB delegates raise a host of issues; leaders listen
Delegates, coming from different cooperative banks across the country to attend the 46th Annual General Meeting of NAFCUB on Wednesday, ...
Unity SFB ready to own up PMC loan book
Business Line reports Unity Small Finance Bank will own up the erstwhile Punjab and Maharashtra Co-operative (PMC) Bank’s loan book ...
RBI is not anti-UCB; Marathe dispels doubts of bankers
India is a growth story and if the success of India is a forgone conclusion, urban banks cannot lag behind, ...
PMC fallout led to cascading effect on UCBs; MUCBF to RBI
Maharashtra Urban Cooperative Bank's Federation (MUCBF) has recently written a letter to the Reserve Bank of India requesting it to ...
Delay in DICGC settlement: Peeved PMC depositors write to RBI
The PMC Bank Account Holders Forum has written a letter to the Reserve Bank of India (RBI), Governor Shaktikanta Das, ...
ED not to attach properties mortgaged to PMC
It is said ED will not attach properties mortgaged to banks in the PMC Bank fraud involving HDIL’s Rakesh and ...
PMC amalgamation: Depositors pin hopes on apex court of the land
A representative of the PMC bank's aggrieved depositors has addressed a letter to Indian Cooperative asking if the PMC bank's ...
Unity SFB gives a lollipop of 7% interest
The newly-formed Unity Small Finance Bank has asked retail depositors of the erstwhile PMC Bank to park with it the ...
RBI gives PMC assets to Unity SFB in charity: Aggrieved Depositors
The investors and depositors associated with the scam-ridden Punjab and Maharashtra Cooperative Bank have reacted with shock and pain at ...
Why amend Act if PMC depositors are not to be helped: Nafcub Prez
Aghast at the RBI’s move to go ahead with the PMC merger, the President of the apex body of Urban ...
RBI allows Unity SFB to take over PMC branches
In a press release the apex bank RBI says that “The Government of India has sanctioned and notified the Scheme ...
Sah Bharati exhorts FM to amend draft-amalgamation in Depositors’ favour
The Sahakar Bharati team led by Satish Marathe has petitioned Mrs Nirmala Sitharaman, Union Finance Minister to intervene in the matter ...
