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Home Co-op News Snippets

New suitors for PMC banks; UCB examining papers

Staff Reporter by Staff Reporter
December 18, 2020
in Co-op News Snippets
7
PMC Bank: Court permits RBI to sell properties of HDIL group
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There are three entities including a Mumbai-based financial services group that have expressed their intent to revive the scam- affected Punjab and Maharashtra Co-operative (PMC) Bank, reports Business Line.

The Administrator of the bank and his team are assessing the letters of intent submitted by them. RBI will take a decision in the matter as soon as their assessment is over.

Meanwhile, the administrator has informed customers that they are trying their best to find a solution to the problem. RBI has extended the validity of its directions on the scam hit bank by three months.

Tags: AdministratorcooperativemaharashtramumbaiPMC Bank
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Comments 7

  1. jawahar says:
    5 years ago

    itna time lagta h kya paper assessment m yes lV bank ka 7 din m assessment ho gaya tha .. ullu bana rhe h rbi
    pmc depositors ka bacha paisa khane k mood m h rbi staff salary daily maintenance etc

  2. PANDURANGAN VEERARAGHAVAN says:
    5 years ago

    RBI is unnecessary extending
    They are responsible for this mess in PMC.
    When the irregularities were brought to their motive way back in 2011 ,they ignored the warning and allowed the bank to continue .
    If at that time only they would have taken action
    The bank would not have come to this stage.
    and 100 innocent depositor wouldn’t have lost thier
    Money.
    If any bank faulted,the RBI impose the fine
    Here RBI faulted by not taking timely action
    which lead to heavy loss to the PMC bank and 100.lives lost
    RBI should fine 10,000 crores and this money should
    Pump in to the bank .
    But whether our government listen?

  3. Gul Mirchandani says:
    5 years ago

    Does our comments carry any weight?

    No one in present Govt. Interested in solving our problems till they are in need of our votes for which we have wait for long.
    God only can save us.
    Only option is hunger strike which also govt. capable of breaking.

  4. Mohan Rao Kadekodi says:
    5 years ago

    🙈 🙉 🙊 ?
    We are shocked that our savior, PM MODI is maintaining stoik silence on this matter where the irresponsible RBI took the place of YAMRAJ! Is he trying to teach us about Mahatma’s 3 monkeys or he wants us to certify that he is a helpless donkey?
    We will not betray him; we will vote ONLY for him and his wisdom. Should he not reciprocate?

  5. Mohan Rao Kadekodi says:
    5 years ago

    🙈 🙉 🙊 ?
    We are shocked that our savior, PM MODI is maintaining stoik silence on this matter where the irresponsible RBI took the place of YAMRAJ! Is he trying to teach us about Mahatma’s 3 monkeys or he wants us to certify that he is a helpless donkey?
    We will not betray him; we will vote ONLY for him and his wisdom. Should he not reciprocate?
    He is ONE gentleman the whole country TRUSTS. Pray he does his job and justify.

  6. Mohan Rao Kadekodi says:
    5 years ago

    Heartily following the 🙈 🙉 🙊 3 monkeys of Mahatma’s logic, we are afraid our Modiji seems to have abandoned all of us depositor donkeys at the doors of YAMRAJ! If this is not his helplessness what else is? Not a word from the man who insists on cent per cent digital payments through banks which most of us were/are doing happily and obediently to follow the leader with trust. Wish he takes cognissance of the result of his appeal immediately and orders the RBI and others concerned to ensure that they seek no more extensions of directions and settle the matter this way or the other before twentieth March 2021. Let this dutiful action decide who are the real donkeys in this Ram Rajya.

  7. Dattaram Dessai says:
    5 years ago

    After several post martam audits, PMC bank has been shining like diamond. I doubt whether Yes bank is so clean. How ever, there are some elements in BJP and it’s . magic friends who do not want to settle the scam.
    I now feel that agitation of Farmer is correct. P.M Modiji do not comenting at all
    I therefore doubt about sincerity of RBI in settling the matter early.

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