Punjab & Maharashtra Co-operative Bank

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.

Dec 03, 2021, 14:17 PM IST

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.  

Oct 31, 2021, 16:27 PM IST

PMC Bank crisis: RBI raises withdrawal limit for account holders to Rs 50,000

Reserve Bank of India (RBI) on Tuesday enhanced withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd to Rs 50,000. Earlier on October 14, the central bank had permitted the depositors of PMC Bank to withdraw up to Rs 40,000 of the total balance in their accounts.

Nov 05, 2019, 18:42 PM IST