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You Searched For "deposit withdrawal limit on pmc bank" and got 14 results


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Not just bank deposits, gold sales & real estate to get a boost from ₹2,000 note withdrawal

The Reserve Bank of India (RBI) on Friday said that it intends to pull ₹2,000 banknotes from circul…

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In pics: Thousands of customers of a small bank in India panic after the regulator cracks the whip

Thousands of customers of Punjab & Maharashtra Cooperative Bank (PMC) woke up to a terse notifi…

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Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000

The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…

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₹2,000 note withdrawal – How to exchange them, is it a legal tender and other questions answered

The Reserve Bank of India (RBI) last week announced that it is withdrawing the ₹2,000 notes from ci…

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Are you a Yes Bank account holder? Here's how the crisis will impact you

Amid the financial troubles of Yes Bank, the Reserve Bank of India (RBI) issued a moratorium that c…

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The US could ease stress on the banking system by fully insuring deposits of regional banks like those at failed SVB, Mohamed El-Erian says

There are 186 US banks that face risk of collapse like SVB should their depositors rush to pull the…

Carla Mozée   


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1 min read

RBI doubles withdrawal limit to Rs 1 lakh for PMC Bank depositors

"Further, on a review of the bank's liquidity position, its ability to pay the depositors and with…

PTI   


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First Republic Bank downgraded to junk by S&P and Fitch on risk of clients pulling deposits in the wake of SVB failure

First Republic faces an "elevated" risk of depositors running to reclaim their cash in the wake of …

Carla Mozée   


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1 min read

RBI allows PMC Bank customers to withdraw ₹10,000 over a period of six months from ₹1,000 earlier

Panic-stricken customers of Mumbai-based Punjab and Maharashtra Co-operative Bank get some relief f…

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Rs 2,000 note withdrawal may not impact gold demand, rupee value: Expert

The decision of the Reserve Bank of India (RBI) to withdraw Rs 2,000 denomination banknotes from ci…

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2 mins read

The Silicon Valley Bank rescue means regulators have guaranteed deposits for the entire US financial system, Evercore founder Roger Altman says

"If the taxpayer is guaranteeing the key liability, should the taxpayer allow the shareholders to r…

Filip De Mott   


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3 mins read

Yes Bank share price nose dives 72% after RBI limits withdrawals

Currently, Yes Bank is trading at ₹15.40 — having lost over half its value since yesterday. T…

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People in Lebanon are holding up banks to withdraw their own money amid the country's financial crisis

To prevent capital flight, banks in Lebanon have been limiting the amount of money depositors can w…

Huileng Tan   


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YES Bank moratorium could be lifted within a week, says RBI-appointed administrator

Prashant Kumar, who has been appointed as the administrator for YES Bank by the RBI, told CNBC-T…