PMC bank to recover every last dime of the loan given to HDIL

The Bombay High Court ordered the defaulters in Hindustan development Infrastructure Limited (HDIL) to use all means and ways at its disposal to repay their lenders at the forefront of which stands the troubled PMC bank, which has the highest exposures in the percentage of deposits to the Wadhwa led the group. When the reports of an RBI investigation into the bank came forward, it was astonishing to see the exposure that the bank had towards o....