The regulator’s closure of an insolvent bank is considered as a bank collapse. The cash comptroller has the right to finish off national banks; banking commissioners shutter state-chartered banks within the individual states. Banks shut after they don’t meet their responsibilities to depositors and others. Bank failures don’t seem to be uncommon, nor restricted to some countries. The price of failure are going to be high, as a result of it creates uncertainty within the banking industry, that successfully influence the expansion rate of the economy, then it will force governments or central banks to intervene and prepare a bailout plan for the bank that are failing. This paper tries to review the monetary failure case of PMC (Punjab & Maharashtra Co-operative Bank) specializing in what has been the factors liable for failure and also the risk involved. The paper additionally mentioned the actions taken against those concerned in the frauds.

Keywords: Financial Failure, Banks, Financial Performance, PMC Bank, Indian Banks.

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