Punjab and Maharashtra Co-operative Bank
Finance
Fraud-hit PMC Bank reaches out to major lenders for merger
India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......
Finance
Financial system stable despite weakening economic growth, says RBI
India's financial system remains stable even after economic growth plummeted to a six-year low, the Reserve Bank of India (RBI) ......
Finance
RBI sees corporate governance ‘fault lines' at some lenders
Growing problems of corporate governance are emerging at India's private banks and all lenders are at risk of rising default ......
Finance
CBI registers 42 new bank fraud cases totalling $1 bn
India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......
Finance
Mumbai court jails former MD of PMC Bank as fraud probe deepens
An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to ......
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy, following allegations of ......
Finance
HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam
India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused ......
Markets
Sensex slides as banking, realty stocks hammered
Indian shares fell 1% on Tuesday, as investors fretted about the exposure of major banks to the troubled real estate ......
Finance
Police probe management of Punjab and Maharashtra Co-operative Bank
Indian officials registered a police complaint against the senior management of Punjab and Maharashtra Co-operative Bank (PMC) on Monday for ......
Markets
Sensex, Nifty slip as banks lose ground; Indiabulls dives 34%
Indian stock indexes fell on Monday following a raft of negative news in the banking and real estate sectors, with ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News