MUMBAI (Reuters) - Punjab and Maharashtra Co-operative Bank (PMC) used more than 21,000 fictitious accounts to hide loans it made, according to a police complaint lodged by Indian officials, in the ...

A chargesheet filed by the Economic Offences Wing of Mumbai Police and forensic auditor Grant Thornton's report has unveiled the deep-rooted and meticulously planned conspiracy behind the fraud in the ...

MUMBAI/NEW DELHI (Reuters) - In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready to donate his kidney and eyes if someone could ...

Former director of Punjab and Maharashtra Cooperative (PMC) Bank Daljit Singh Bal was apprehended by the Mumbai police's Economic Offences Wing (EOW) in Bihar, an official said on Thursday. Bal, who ...

Adding details) Mumbai, Jan 25 (PTI) In a relief for jittery depositors, all branches of the crisis-hit PMC Bank will now function as the branches of the Unity Small Finance Bank Ltd (USFBL) with the ...

Mumbai: The Bhandup police have registered a fresh cheating case against Joy Thomas, former managing director of the Punjab and Maharashtra Co-operative (PMC) Bank and a key accused in the ...

Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set ...