Six branches of PMC bank in Mumbai raided by ED
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Six branches of the PMC bank in Mumbai were raided by the Investigative agency Enforcement Directorate (ED) on Friday in connection with the Punjab and Maharashtra Co-operative Bank fraud. The agency registered cases against multiple bank officials on the basis of the FIR registered by the Mumbai Police. The Chairman and Managing Director of HDIL Rakesh Kumar Wadhawan and Sarang Wadhawan have been arrested by Mumbai Police.