PMC

RBI Claims India Banking Is ‘Safe And Stable’ After PMC Crisis

RBI Claims India Banking Is ‘Safe And Stable’ After PMC Crisis
RBI Claims India Banking Is ‘Safe And Stable’ After PMC Crisis
October 02, 2019  |  Banking

The Reserve Bank of India is trying to reassure savers that all is well after a recent crisis involving Punjab and Maharashtra Co-operative Bank (PMC)....

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India’s PMC Bank Accused Of Loan Fraud
India’s PMC Bank Accused Of Loan Fraud
October 01, 2019  |  International

A recent police complaint alleges that the Punjab and Maharashtra Co-operative Bank (PMC) made up 21,000 fake accounts to hide loans, according to a report...

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