On September 30, 2019, Mumbai Police’s Economic Offences Wing registered a case against PMC Bank for a Rs 7,457.49 crore ...

The Reserve Bank of India (RBI) took control of PMC last September after it was accused of fraud and concealing non-performing loans. PMC's top officials and the owners of a realty company that ...

The latest misappropriation scandal is a reminder that India’s cooperative banks remain captive to weak governance and political patronage. The cracks run deep.

MPCB had ordered the closure of the abattoir on June 24 this year, citing violations of environmental laws and ...