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Saturday, October 25, 2025
TopicPMC Bank

Topic: PMC Bank

ED attaches 3 Delhi hotels worth Rs 100 crore in PMC Bank case

The hotels belonged to the Fab Hotels group. Last year, ED filed a PMLA case to probe into alleged loan fraud in the Punjab and Maharashtra Co-operative Bank.

Lok Sabha passes Bill giving RBI more power over co-op banks, to avoid PMC Bank-like situation

Finance Minister Nirmala Sitharaman said the Bill would protect depositors, but some opposition parties said the legislation would infringe on state powers.

Shiv Sena leader seeks merger of ailing PMC Bank to provide relief to depositors

Raising the issue in the Maharashtra Legislative Assembly, Shiv Sena leader Ravindra Waikar claimed 19 depositors of the bank have died ever since the scam came to light in September this year.

PMC bank depositors protest in Mumbai, want restrictions on cash withdrawal lifted

The bank had initially capped the deposit withdrawal at Rs 10,000 but later raised it to Rs 40,000.

Dinamani calls out FM & RBI on PMC, Dainik Bhaskar doubts Ayodhya mediation

A round up of the Hindi and Tamil newspapers opinion pages to reflect a North-South viewpoint on topical issues.

For India’s Sikh community, collapse of PMC Bank is like a second Partition

PMC Bank’s 16 lakh account holders are waiting for a roadmap for the future even as RBI enhances withdrawal limit for depositors to Rs 40,000.

Nirmala’s husband says BJP in ‘denial mode’ about slowdown & Sandipan Deb slams Thunberg

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

After PMC Bank scam, board of co-op bank in Pune dismissed due to ‘serious irregularities’

Nearly 1 lakh depositors haven't been able to withdraw money from Shivajirao Bhosale Co-op Bank, promoted by NCP leader Anil Shivajirao Bhosale.

PMC fiasco shows why it’s time to pull the plug on urban cooperative banks

Rather than waste resources on recovery and sustenance of urban cooperative banks, focus can be on articulating a credit disbursement mechanism.

On Camera

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.