Tag: RBI

Business

RBI sells gold worth $1.15 billion

October 25, 2019

New Delhi: The Reserve Bank of India (RBI) has sold gold worth $1.15 billion so far in its business year ...

State

RBI general manager found hanging in hotel room

October 25, 2019

Chandikhol: The body of a Reserve Bank of India (RBI) general manager was found hanging from a ceiling fan in ...

Feature

Here is what you are entitled to get if your bank fails

October 19, 2019

Most of the banking customers consider their deposits in the banks to be completely safe. A vast majority of the ...

Business

PMC Bank scam: Unable to withdraw money for treatment, senior depositor dies

October 18, 2019

Mumbai: Unable to withdraw money for his treatment, a senior depositor with the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank ...

Last month, the RBI had imposed regulatory restrictions on PMC Bank under the provisions of the Banking Regulation Act.

Business

Plea filed in SC seeking quashing of RBI’s PMC Bank withdrawal notification

October 17, 2019

New Delhi: A petition was filed in the Supreme Court seeking quashing of the Reserve Bank of India circular which ...

Business

PMC Bank administrator assures to protect depositors’ interests; meets RBI Governor Shaktikanta Das

October 16, 2019

Mumbai: Amid instances of deaths and also a suicide, of depositors, troubled Punjab and Maharashtra Bank’s (PMC) administrator met RBI ...

Business

2 PMC Bank depositors die, one commit suicide, other suffers heart attack

October 16, 2019

Mumbai: A depositor of scam-hit Punjab & Maharashtra Cooperative (PMC) Bank allegedly committed suicide here, while another died of a ...

Business

RBI enhances withdrawal limit of PMC Bank’s customers to Rs 40,000

October 14, 2019

Mumbai: In further relief to customers of troubled Punjab & Maharashtra Cooperative (PMC) Bank, the Reserve Bank (RBI) enhanced Monday ...

Depositors of PMC Bank meet Finance Minister Nirmala Sitharaman in Mumbai, Thursday

Business

Panel to ensure better governance at co-operative banks: Nirmala Sitharaman

October 10, 2019

Mumbai: Finance Minister Nirmala Sitharaman, who faced angry depositors of scam-hit Punjab & Maharashtra Cooperative Bank (PMC) here Thursday, announced ...

National

PMC Bank crisis: Sitharaman promises to bring legislative changes

October 10, 2019

Mumbai: Finance Minister Nirmala Sitharaman Thursday faced irate depositors of Punjab and Maharashtra Co-operative (PMC) Bank, and promised to bring ...