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Adani and Sunteck Realty show interest in acquiring HDIL

Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies whic…

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Court cancels interim bail of HDIL promoter, son in bank scam

The fraud came to light in September after the Reserve Bank of India discovered that the cooperativ…

PTI   


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PMC Bank crisis: Administrator to seek valuation of HDIL's aircraft, yacht

Mumbai, Dec 27 () The RBI-appointed administrator of scam-hit Punjab and Maharashtra Co-operative B…

PTI   


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Top PMC officials hid HDIL accounts from system: RBI to Bombay HC

Mumbai, Nov 19 () Senior officials of scam-hit PMC Bank used special codes to hide hundreds of dumm…

PTI   


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Here's how the Real Estate stocks are doing at the Markets

Real Estate stocks, some of whom were battered beyond recognition, were the best performing sectora…

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Investors alert: Not a good day to invest in Real Estate

Futures of DLF dropped 4 percent, or 4.1 rupees, to 97 rupees. Open Interest rose 6.5 percent. …

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PMC Bank scam: Sanjay Raut's wife Varsha deposes before ED in connection with the money laundering probe

According to ED sources, she arrived at the financial probe agency office here in the afternoon.…

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PMC Bank case: HC seeks info on health condition of Wadhawans

The fraud at the Punjab and Maharashtra Cooperative (PMC) Bank came to light in September 2019 afte…

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PMC Bank will have a new owner in Centrum and BharatPe

The PMC Bank has been facing regulatory action and investigations over the alleged irregularit…

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HC asks Centre if it intends to infuse funds to support scam-hit PMC Bank

The high court, in its order, said "The Union of India, Ministry of Finance, will file an affidavit…

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RBI proposes to tighten lending norms for UCBs

Mumbai, Dec 30 () The RBI on Monday proposed reduction in loan amount an urban co-operative bank ca…

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RBI Central Board discusses functioning of co-operative banks

Bhubaneswar, Dec 13 () The RBI Central Board on Friday reviewed functioning of the urban cooperativ…

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PSBs reported frauds of over Rs 95,700 cr in Apr-Sep

New Delhi, Nov 19 () Government owned banks reported frauds of over Rs 95,700 crore in the first si…

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RBI revises supervisory norms for UCBs

Mumbai, Jan 6 () The RBI on Monday revised the Supervisory Action Framework (SAF) for urban coopera…

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Distressed PMC depositors hold protest at RBI

New Delhi, Nov 20 () Distressed depositors of scam-hit PMC Bank on Wednesday held a day long protec…

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RBI asks large UCBs to constitute Board of Management

Mumbai, Dec 31 () The Reserve Bank on Tuesday asked all urban cooperative banks (UCBs) with deposit…

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Shiv Sena MP Sanjay Raut's wife summoned for questioning in PMC Bank money laundering case

The summons for questioning has been issued to her under the provisions of the Prevention of Mon…

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RBI extends regulatory restrictions on PMC Bank by 3 months

"It is hereby notified for the information of the public that the validity of the directive dated …

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Zee Group says all loan from Yes Bank fully secured as ED summons Subhash Chandra on Mar 18

The statement further claimed that "the Zee group has never made any transactions with Rana Kapoor …

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All cooperative banks to come under RBI supervision

The decision assumes significance in the wake of a scam in the Punjab and Maharashtra Cooperative (…

PTI