Pmc Bank Crisis
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PMC Bank created over 21,000 fake accounts to hide defaults by HDIL
Business | Oct 04, 2019, 08:54 PM ISTPunjab and Maharashtra Cooperative (PMC) Bank replaced 44 loan accounts of the HDIL group with over 21,000 fictitious loan accounts, and thus "camouflaged" defaults by the group, the police told a court here on Friday.
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PMC Bank scam: Wadhawans get police custody till Oct 9
India | Oct 04, 2019, 05:49 PM ISTHDIL chairman and managing director Rakesh Wadhawan and his son Sarang were on Friday sent to police custody till October 9 in the Punjab Maharashtra Cooperative (PMC) Bank scam.
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PMC Bank crisis: ED raids 6 locations in Mumbai
India | Oct 04, 2019, 12:24 PM ISTThe ED and Mumbai Police case is against former bank management and promoters of the Housing Development Infrastructure Limited (HDIL).
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HDIL Promoter and his son arrested in PMC Bank case
News | Oct 04, 2019, 12:01 PM ISTThe Chairman and Managing Director of real estate developer HDIL were arrested on Thursday in connection with the Rs 6,500 crore loan default case.
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