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Tuesday, April 23, 2024
TopicPMC Bank

Topic: PMC 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.

Xi Jinping’s Chinese connect with Tamil Nadu and PM Modi’s instructions to Rajnath Singh

The best cartoons of the day, chosen by the editors at ThePrint.

On Camera

Iran and Israel don’t have free will to start a war. It’s contingent on geopolitics

The reasons for both sides preventing any escalation lie in the political and military context of the strategic situation in West Asia within the larger global geopolitical framework.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.