Follow Us:
Saturday, December 05, 2020

PMC bank


Moratorium on Lakshmi Vilas Bank: What does it mean for depositors, financial sector?

November 26, 2020 2:31 pm

RBI has imposed a moratorium on Lakshmi Vilas Bank and drafted a scheme for a merger. What does this mean for depositors, and for the financial sector, which has witnessed a series of failures in recent years?

PMC Bank seeks bidders for its reconstruction

November 04, 2020 12:59 am

PMC Bank is under regulatory restrictions after the Reserve Bank of India (RBI) found out financial irregularities in its functioning, hiding and classification of loans given to Housing Development Infrastructure Ltd (HDIL).

PMC Bank fraud case: JJ hospital told to produce Rakesh Wadhawan’s medical records

August 09, 2020 1:32 pm

The court also directed the government-run JJ Hospital, to furnish his medical records, including case management papers, showing health status and treatment given so far along with the two other hospitals where he was referred to for certain treatment earlier.

PMC Bank fraud: Bombay HC directs Special Court to decide on Rakesh Wadhawan’s plea seeking treatment at pvt hospital by Aug 19

August 08, 2020 3:24 pm

HC directs state-run hospital to produce Wadhawan's health reports

PMC Bank fraud case: Wadhawan has tested negative for coronavirus, court told

July 22, 2020 2:54 am

Rakesh Wadhawan, promoter of Housing Development Infrastructure Limited, lodged in Arthur Road jail in Mumbai, had tested positive for the virus two weeks ago. He was admitted to state-run JJ hospital when had tested positive.

HC queries Centre, RBI on different treatment to PMC Bank depositors vis-a-vis Yes Bank

June 26, 2020 4:06 pm

The court asked the RBI and the Centre to file their affidavits within three weeks and listed the matter for further hearing on August 6.

Bombay HC grants temporary bail to former PMC Bank director to undergo surgery

June 10, 2020 5:38 am

The bail was granted after a private clinic in Mulund, where he is expected to undergo Epigastric hernia surgery, submitted a pre-surgery fitness assessment test and parameter monitoring report.

HC directs court to decide bail plea of PMC Bank ex-director within 2 weeks

April 27, 2020 4:55 am

Advocates Bhavesh Parmar and Rahul Gaikwad, representing Trupati Bane, argued that their client is a gynaecologist with a public hospital, and her services were required during the current coronavirus pandemic and, therefore, she should be released on bai

PMC Bank scam Interim bail denied to Rakesh Wadhawan

April 18, 2020 3:40 am

Wadhawan, who is currently lodged in the Arthur Road jail, had sought bail on medical ground citing that he is highly susceptible to coronavirus due to his advanced age and existing illnesses.

Maharashtra: Three more arrested in PMC bank fraud case

March 13, 2020 5:35 am

Jaswinder Banwait, a long-term director of PMC bank, as well as Vishwanatha Prabhu and Sripad Jere, associated with the a firm auditing PMC bank, were placed under arrest by the police