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Sunday, November 2, 2025
TopicPMC Bank

Topic: PMC Bank

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

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

Pratap B Mehta on protest, M Sabnavis on making bank deposits safe & what millenials want

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

On PMC Bank case, Nirmala Sitharaman says govt will discuss legislative steps

PTI -
Finance Minister Nirmala Sitharaman faced protests by depositors after PMC Bank was put under RBI "directions" due to its weak financial health.

Shadow banking crisis tests stock bulls’ faith in rally

Abhishek Vishnoi -
The Sensex index erased almost half of the surge sparked by the corporate tax cut as debt concerns emerge at lenders, including Indiabulls Housing Finance Ltd. and PMC Bank.

Court sends PMC Bank ex-MD Joy Thomas to police custody until 17 October

PTI -
Police say they want to question the former PMC Bank MD for the alleged Rs 4,355 crore scam, but his lawyers claim he he is being made a 'scapegoat'.

Two HDIL directors arrested in PMC Bank scam, property worth Rs 3,500 crore frozen

PTI -
HDIL directors Rakesh Wadhawan and his son Sarang Wadhawan, accused of loan default, were arrested by the Economic Offences Wing of Mumbai Police.

Pragya Thakur, Akash Vijayvargiya’s NYT read on Mahatma & peaks for Trump’s presidency

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

RBI set to cut rates tomorrow amid worries over crises at PMC, Lakshmi Vilas Bank

Anirban Nag -
RBI is set to lower its benchmark rate for fifth time this year Friday, days after it reassured the public that banking system is safe and stable.

What Chinmayanand shares with India and a ‘muted’ Kashmir

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

How PMC Bank hid its bad loans and duped RBI for years

Suvashree Ghosh -
A letter by PMC Bank’s former managing director describes in detail how the bank duped RBI about its growing exposure to HDIL.
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YourTurn

Opinion

I finally got to say goodbye to Zubeen Garg. ‘Roi Roi Binale’ left me in tears

Tina Das -
I wasn't home when others could pay their respects to the singer or catch a last glimpse. The movie was my way of accessing him one final time.

Why fruity men are winning hearts on dating apps—it’s survival of the softest

Organ donation does not end with surgery. India must help recipients, donors survive

Economy

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

Udit Bubna -
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Defence

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

Snehesh Alex Philip -
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

National Interest

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

Shekhar Gupta -
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.

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