Enforcement Directorate raids premises linked to Maharashtra MLA in PMC bank fraud case
According to ED sources, the agency started the searches at three locations linked to Mehul Thakur and two places linked to chartered accountants. Thakur is the owner and director of Viva Homes -- a part of the Viva group of companies.
BharatPe puts in joint bid to acquire PMC Bank
PMC Bank has been embroiled in scams over alleged irregularities in certain loan accounts.
Exceptions can be carved out for medical and educational emergencies of PMC bank depositors: HC to RBI
A bench of Chief Justice D N Patel a...
PMC bid: BharatPe offers to pay 100% to retail depositors
RBI has extended the deadline to February 1 on request from UK’s Liberty Group, which had also submitted an expression of interest (EoI) to acquire the bank.
ED summons Sanjay Raut's wife again in PMC Bank money laundering case
The agency wants to question her further and hence she has been summoned to appear on January 11, the sources said.
PMC Bank case: ED summons Varsha Raut on January 11
Senior Shiv Sena leader Sanjay Raut’s wife, Varsha Raut, has been summoned by the Enforcement Directorate once again. According to ANI, Vars...
Sanjay Raut's wife Varsha deposes before ED in PMC bank fraud
The source said that she will questioned about the Rs 55 lakh interest free loan transferred to her in 2010 and 2011 by her business partner Madhuri Raut, the wife of Pravin Raut, who has been accused of money laundering in the HDIL case.
PMC bank case: ED attaches assets worth 72 crore of Sanjay Raut's kin under PMLA
The Enforcement Directorate (ED) has attached assets of Sanjay Raut's kin. The ED has attached property worth 72 crore rupees of Praveen Rau...
PMC Bank scam: Sena's Sanjay Raut alleges vendetta on ED notice to his wife
The Sena leader’s wife, Varsha Raut on Sunday was asked to appear before the federal agency in Mumbai for questioning in the case on Decembe...
PMC Bank money laundering case: ED summons Sanjay Raut's wife for questioning on December 29
The Shiv Sena, which is part of Maharashtra's ruling alliance Maha Vikas Aghadi (MVA) along with the NCP and the Congress, had earlier alleged that central probe agencies have been targeting them unfairly.
BharatPe eyes PMC Bank in tie-up with Centrum
If successful, an acquisition will boost BharatPe’s lending business. It aims to build a Rs 5,000-crore loan book in two years
PMC Bank gets four investment proposals, says RBI
Last month, PMC had invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. The last date for submission of EoIs by potential investors was kept as December 15.
HC pulls up RBI for leaving it to PMC bank to decide depositors requests for money in emergencies
Punjab and Maharashtra Cooperative Bank has been put under restrictions, including limiting withdrawals, by the RBI, following the unearthing of a Rs 4,355-crore scam.
Lakshmi Vilas Bank placed under moratorium, withdrawals capped at Rs 25K; RBI proposes merger with DBS Bank
The government on Tuesday placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 p...
Scam-hit PMC Bank invites EoI from potential investors for reconstruction
Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.