Search Results for Tag : PMC Bank

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Supreme Court Stays Bombay High Court Order Directing Sale of HDIL Assets to Repay Dues of PMC Bank(10.02.2020)

Supreme Court has stayed the Bombay High Court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure repayment .....

Tags : Supreme Court, PMC Bank

RBI Increases Withdrawal Limit from PMC Bank to Rs 50,000(06.11.2019)

Reserve Bank of India has enhanced the withdrawal limit of PMC Bank depositors to Rs 50,000 from the previous cap of Rs 40,000. RBI further said that .....

Tags : RBI, PMC Bank

Bombay High Court Rejects PMC Bank Depositors' Plea for Lifting Withdrawal Cap(06.12.2019)

Bombay High Court has rejected pleas of the depositors of the crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank, seeking lifting of restriction.....

Tags : Bombay High Court, PMC Bank

Bombay High Court: HDIL, its Promoters have to Repay Loan to PMC Bank(20.12.2019)

Bombay High Court has observed that HDIL and its promoters will have to repay their loan to crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank a.....

Tags : Bombay High Court, PMC Bank

SC Declines to Entertain Plea by PMC Bank Account Holders for Lifting Cash Withdrawal Restrictions(18.10.2019)

Supreme Court has declined to entertain plea by Punjab & Maharashtra Co-operative Bank account holders seeking directions to Reserve Bank of India aga.....

Tags : SC, PMC Bank

RBI Raises Withdrawal Limit to Rs. 40,000 for PMC Bank Account Holders(15.10.2019)

Reserve Bank of India has raised withdrawal limit for account holders of the stressed Punjab and Maharashtra Co-Operative Bank to Rs. 40,000 from ear.....

Tags : RBI, PMC Bank