300 shops down shutters in APMC yard

The bustling APMC yard at Yeshwanthpur wears a deserted look nowadays because of the impact of Covid and amendments made to the APMC Act last year.

published on : 19th July 2021

300 outlets shut down as Covid, new laws cripple Yesvantpur APMC yard 

The second wave of Covid has impacted traders more than the first one, says Ramesh Chandra Lahoti, president of Yesvantpur yard.

published on : 16th July 2021

Given approval to set up small finance bank to take over PMC Bank: RBI to Delhi High Court

The PMC Bank has been put under restrictions, including limiting withdrawals, by the RBI, following the unearthing of a Rs 4,355-crore scam.

published on : 12th July 2021

Centre invites farmers to talks, APMCs to get interest bonus

Tomar, briefing the Cabinet decision, said the interest subvention scheme has been amended to allow the projects for the strengthening of the APMCs within the ambit of the scheme.

published on : 9th July 2021

RBI extends regulatory restrictions on PMC Bank till December to enable completion of its takeover

Paving the way for takeover of the crisis-ridden bank, the RBI had earlier in the month granted in-principle approval to Centrum Financial Services to set up a small finance bank (SFB).

published on : 25th June 2021

Centrum-BharatPe gets RBI nod to take over crisis-ridden Punjab and Maharashtra Co-operative Bank

Both Centrum Financial Services Limited and BharatPe, who will be equal partners of the proposed bank, will infuse combined capital of Rs.900 crore in the first year of operation. 

published on : 19th June 2021

Plea in HC alleges Wadhawans, accused in PMC Bank case, 'running office' from hospital

Petitioner Sayed claimed that the Wadhawans have been getting admitted to hospital from time to time since their arrest by the Enforcement Directorate in 2019.

published on : 11th June 2021

Budget 2021: Agriculture infrastructure fund to strengthen the mandis

The Finance Minister said the APMCs mandis will be strengthened with financial support from the Agriculture Infrastructure Fund.

published on : 2nd February 2021

ED arrests Yes Bank co-founder Rana Kapoor in fresh money laundering case

In the latest case, sources said, Rana Kapoor was placed under arrest in jail as per provisions of the Prevention of Money Laundering Act.

published on : 27th January 2021

Congress hits out at Shettar over APMC remarks

Farmers have to understand that there is a conspiracy to weaken the APMC system and the farm laws will only help big corporates, the Congress stated.  

published on : 27th January 2021

PMC Bank fraud: Enforcement Directorate arrests two after raids against Maharashtra MLA

Mehul Thakur, managing director of the Viva Group, and Gopal Chaturvedi, a chartered accountant, were arrested under sections of the Prevention of Money Laundering Act after the raids.

published on : 23rd January 2021

ED summons Sanjay Raut's wife again in PMC Bank money laundering case

Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act by the central probe agency for the first time on January 4 at its office here.

published on : 6th January 2021

Allowed PMC bank to approve requests for withdrawal on hardship grounds to avoid delays in disbursal: RBI tells court

The PMC Bank has been put under restrictions, including limiting withdrawals, by the RBI, following the unearthing of a Rs 4,355-crore scam.

published on : 1st January 2021

Harassing those against BJP seems to be ED's 'national duty': Shiv Sena MP Sanjay Raut

Referring to the central agency's summons to his wife Varsha in an alleged money laundering case, he also wondered why the ED was now probing cases involving small amounts.

published on : 29th December 2020

Shiv Sena leader Sanjay Raut's wife again skips ED questioning in PMC bank money laundering case

The ED wants to question Varsha Raut with regard to a transaction of about Rs 55 lakh with the wife of a person who is accused in the PMC Bank alleged fraud case.

published on : 29th December 2020
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