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Tag: pmc

PMC Bank: Indian customers protest after fraud investigation launched

2019-11-12 01:28:05| BBC News | Business | World Edition

Nearly a million Indians are left without full access to their bank accounts as police investigate alleged fraud.

Tags bank customers indian investigation

Closely monitoring situation at PMC Bank: RBI Guv

2019-11-07 11:32:28| The Economic Times

Closely monitoring situation at PMC Bank: RBI Guvunjab & Maharashtra Cooperative Bank (PMC Bank), among the top 10 urban cooperative banks in the country, was placed under an RBI administrator on September 23 for six months due to massive under-reporting of dud loans. "PMC Bank situation is being closely monitored. Forensic audit is underway in PMC Bank case," Das told reporters.

Tags situation bank monitoring closely


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