November 27, 2021 9:42 am
What is RBI's scheme for PMC Bank depositors? What are the restrictions, and what happens to other deposits?
November 23, 2021 3:35 am
Unity SFB is a joint venture between Centrum Group and BharatPe. It commenced operations as a small finance bank (SFB) with effect from November 1.
October 09, 2021 6:59 am
Last month, Raut had said that he would file a defamation suit against Patil, seeking damages of only Rs 1.25 for making false allegations against him and his wife.
September 13, 2021 12:41 am
Rakesh Wadhawan has been named as an accused by the Economic Offences Wing (EOW) of the Mumbai Police and the Enforcement Directorate (ED) for his alleged involvement in the alleged fraud case.
June 26, 2021 5:42 am
The central bank recently gave in-principle nod to Centrum Group to set up a small finance bank to acquire the crisis-hit PMC Bank.
June 19, 2021 2:17 am
The RBI in a statement said an in-principle approval was given after Centrum Financial Services submitted an expression of interest for PMC Bank.
May 06, 2021 12:45 am
All three were arrested in December 2019 in connection with the alleged multi-crore scam at the bank.
March 15, 2021 8:19 pm
The probe agency said it has provisionally attached assets of Priti Shroff and Raj Shroff, owners of Jindal Combines Pvt. Ltd and Orlando Trading Pvt. Ltd, under the Prevention of Money Laundering Act, 2002 (PMLA).
February 08, 2021 6:52 pm
“The attached assets are in the form of two commercial properties measuring 15,000 sq. metres in Kaledonia building, Andheri East located at Mumbai valued at Rs 34.36 crore,” said an ED statement.
February 06, 2021 4:19 am
Last November, PMC Bank had come out with an EoI to identify a suitable equity investor/group of investors willing to take over management control so as to revive it