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How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in southern and central India - come to this pass? T E......

RBI diktat to banks on opening current accounts

The move will avoid hoodwinking the system and reduce the blind spots, which will ultimately lead to protection of depositors' money. With a view to improve credit discipline, the Reserve Bank on......

Govt brings all cooperative banks under RBI lens

The government on Wednesday said that all urban cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India, a development aimed at providing......

RBI caps withdrawals from Yes Bank; supersedes board

If successful, this will be the first major instance in many years where a private sector lender will be bailed out using public money, with the first instance being Global Trust Bank's......

SC stays order to sell HDIL assets to repay PMC Bank dues

The Supreme Court on Friday stayed the Bombay high court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure the repayment of dues of crisis-hit Punjab and......
  Web results for Pmc Co Operative Bank
PMC Bank to close down 15 branches in Mumbai

K Ram KumarScam-hit Punjab and Maharashtra Co-operative (PMC) Bank has decided to close down 15 branches in the Mumbai Metropolitan Region (MMR) and s ...

https://www.thehindubusinessline.com/money-and-banking/pmc-bank-to-close-down-15-branches-in-mumbai/article32901439.ece
How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in... ...

http://www.rediff.com/money/report/how-lvb-eroded-its-wealth-amid-controversy-and-losses/20201008.htm
Depositors Of Crisis-Hit Banks Protest Again In Bengaluru

Depositors of the crisis-hit Sri Guru Raghavendra Bank and Punjab and Maharashtra Co-operative Bank (PMC) were out protesting on the streets of... ...

https://www.ndtv.com/bangalore-news/depositors-of-crisis-hit-sri-guru-raghavendra-bank-pmc-bank-protest-again-in-bengaluru-2306480
PMC Bank to reduce salary cost by 30 per cent

Scam-hit Punjab & Maharashtra Co-operative (PMC) Bank’s management has decided to reduce the salary cost by 30 per cent. This move comes 10 months ...

https://www.thehindubusinessline.com/money-and-banking/pmc-bank-to-reduce-salary-cost-by-30-per-cent/article32335653.ece
RBI diktat to banks on opening current accounts

The move will avoid hoodwinking the system and reduce the blind spots, which will ultimately lead to protection of depositors' money. With a view... ...

http://www.rediff.com/money/report/rbi-diktat-to-banks-on-opening-current-accounts/20200806.htm

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