Why RBI put restrictions on PMC Bank, what happens to deposits when such restrictions are placed?
PMC Bank crisis: FM Sitharaman meets PMC bank depositors at BJP office
Mumbai: Union Finance Minister arrived at Bharatiya Janata Party (BJP) office in Mumbai’s Nariman Point on Oct 11. She held a meeting with depositors of Punjab and Maharashtra Co-operative (PMC) Bank. Depositors of PMC Bank were holding protest. The RBI has put major restrictions on the transaction of this bank.
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RBI puts curb on PMC Bank, only Rs1000 can be withdrawn; restrictions imposed for 6 months
The Reserve Bank on Tuesday imposed operational restrictions on Punjab and Maharashtra Co-operative Bank (PMC Bank), resulting in chaos outside its branches in the financial capital.As per the RBI directions to PMC Bank, withdrawals have been capped at Rs 1,000 per account and the bank is not allowed to make any fresh loans.The RBI monitors banks' health and issues such directions in case of concerns over financial health of an institution. However, no reasons were specified by the central bank for its restrictions on PMC Bank.
Watch RBI puts curb on PMC Bank, only Rs1000 can be withdrawn; restrictions imposed for 6 months With HD Qualityদ্বারা The Economic Times| 1183 দর্শনসমূহ
Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions
Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions
Watch Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions With HD Qualityদ্বারা ingoanews| 252 দর্শনসমূহ
PMC खाताधारकों को सुप्रीम कोर्ट से झटका | Supreme Court denies hearing in PMC Bank case | #DBLIVE
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Watch PMC खाताधारकों को सुप्रीम कोर्ट से झटका | Supreme Court denies hearing in PMC Bank case | #DBLIVE With HD Qualityদ্বারা DB Live| 595 দর্শনসমূহ
'Working on amending co-operative bank law': RBI Guv Das on PMC Bank crisis
Reserve Bank Governor Shaktikanta Das on Thursday said it is closely monitoring the situation at scam-hit PMC Bank and a forensic audit is underway. He said co-operative societies amendment act is being worked on. "PMC Bank situation is being closely monitored. Forensic audit is underway in PMC Bank case," Das told reporters after a meeting of the Financial Stability and Development Council (FSDC) here.
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Watch 'Working on amending co-operative bank law': RBI Guv Das on PMC Bank crisis With HD Qualityদ্বারা The Economic Times| 242 দর্শনসমূহ
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Co-operative Bank Stops Accepting Deposits in Nizamabad District as RBI References iNews
Co-operative Bank Stops Accepting Deposits in Nizamabad District as RBI References | iNews
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The lives of thousands of account holders of Punjab and Maharashtra Co-operative Bank were thrown into disarray. This is because RBI ordered PMC Bank not to engage in any business for six months and capped depositor withdrawals. Shambhavi Mehrotra of ET Online tells you why RBI put restrictions on the bank and happens to your deposits if RBI places PMC-like restrictions on your bank? (Additional Inputs: Mumbai Mirror)
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Watch Why RBI put restrictions on PMC Bank, what happens to deposits when such restrictions are placed? With HD Quality
#businessnews#economynews#economictimes#reservebankofindia#EconomicTimesVideos#rbi#ETwealth#PMCBank#PunjabandMaharashtraCooperativeBank#SavingsAccount#PMCBankNews#ShambhaviMehrotra
শ্রেণী:
সংবাদ
PMC Bank crisis: FM Sitharaman meets PMC bank depositors at BJP office
Mumbai: Union Finance Minister arrived at Bharatiya Janata Party (BJP) office in Mumbai’s Nariman Point on Oct 11. She held a meeting with depositors of Punjab and Maharashtra Co-operative (PMC) Bank. Depositors of PMC Bank were holding protest. The RBI has put major restrictions on the transaction of this bank.
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Senior Citizens Money Saving Scheme |Bank Deposits Schemes 2023 |Banks Fixed Deposits |Top Telugu TV
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RBI puts curb on PMC Bank, only Rs1000 can be withdrawn; restrictions imposed for 6 months
The Reserve Bank on Tuesday imposed operational restrictions on Punjab and Maharashtra Co-operative Bank (PMC Bank), resulting in chaos outside its branches in the financial capital.As per the RBI directions to PMC Bank, withdrawals have been capped at Rs 1,000 per account and the bank is not allowed to make any fresh loans.The RBI monitors banks' health and issues such directions in case of concerns over financial health of an institution. However, no reasons were specified by the central bank for its restrictions on PMC Bank.
Watch RBI puts curb on PMC Bank, only Rs1000 can be withdrawn; restrictions imposed for 6 months With HD Qualityদ্বারা The Economic Times| 1183 দর্শনসমূহ
Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions
Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions
Watch Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions With HD Qualityদ্বারা ingoanews| 252 দর্শনসমূহ
PMC खाताधारकों को सुप्रीम कोर्ट से झटका | Supreme Court denies hearing in PMC Bank case | #DBLIVE
#HindiNews | #BreakingNews | #Watch | #video |
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'Working on amending co-operative bank law': RBI Guv Das on PMC Bank crisis
Reserve Bank Governor Shaktikanta Das on Thursday said it is closely monitoring the situation at scam-hit PMC Bank and a forensic audit is underway. He said co-operative societies amendment act is being worked on. "PMC Bank situation is being closely monitored. Forensic audit is underway in PMC Bank case," Das told reporters after a meeting of the Financial Stability and Development Council (FSDC) here.
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Steps taken by the RBI to safeguard the Indian Banking system and deposits I RBI I EUBanksদ্বারা Bharatiya Janata Party Delhi| 60 দর্শনসমূহ
Co-operative Bank Stops Accepting Deposits in Nizamabad District as RBI References iNews
Co-operative Bank Stops Accepting Deposits in Nizamabad District as RBI References | iNews
Watch I News, 24/7 Telugu News Channel, for all the latest news including breaking news, regional news, national news, international news, sports updates, entertainment gossips, business news, political satires, crime news, exclusive interviews, movie reviews, political debates, fashion trends, devotional programs and featured shows such as Jabardasth News, Big Cinema, Movie Special, Cinema Chupista Mama, Metro Colors, Anaganaga, News Makers, Eevaram Athidi, Omkaram, Yoga Sutra and Money Money.দ্বারা I News| 639 দর্শনসমূহ
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From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination drive
Govt of India releases revised guidelines for national COVID vaccination program, to be implemented from June 21. "Vaccine doses to be allocated to States/UTs based on population, disease burden & vaccination' progress. Wastage will affect allocation negatively," guidelines say.
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Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in Bengal
Leader of Opposition in the West Bengal Assembly and BJP MLA Suvendu Adhikari called on Union Home Minister Amit Shah in Delhi amid reports of post-poll violence in Bengal.
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Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe on
22 Covid & non-Covid patients allegedly died following a 'mock oxygen drill' in UP. A viral video purportedly of a hospital owner in Agra has sparked a major controversy. In the video, the man is heard saying that he got oxygen supply from patients snapped for 5 mins. The man, in the video, added that this was part of an experiment to know who all will survive. Reports suggest the video is purportedly of Arinjay Jain, owner of Paras Hospital on NH 2. UP health dept has ordered a probe into the incident after the video went viral.
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BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियां
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