RBI scheme: PMC depositors to be paid over a period of 3-10 years

Inching closer to resolving the Punjab and Maharashtra Cooperative (PMC) Bank issue, the Reserve Bank on Monday came out with a draft scheme for takeover of the crisis-hit bank by the Delhi-based......

With Rs 7,000 cr stuck, over 20k PMC Bank depositors are playing waiting game

The amount stuck is 60 per cent of the total Rs 11,800-crore in deposits. The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB)......

RIL merges Rel Jamnagar Infra with itself

Reliance Industries said on Tuesday it has merged its subsidiary Reliance Jamnagar Infrastructure with itself.The company said that the scheme of amalgamation has been approved by the Gujarat High......

Future group to convene meets to seek nod for RIL deal

Future group firms are convening meetings of their respective shareholders and creditors in November to seek approval to their proposed merger into Future Enterprises as part of the 24,713-crore......