As depositors of scam-hit Punjab and Maharashtra Cooperative Bank (PMC) staged a protest outside the Reserve Bank of India (RBI) headquarters in Mumbai on Saturday, two senior citizens, who had joined the protest, fainted.
The development comes mere days after a third PMC depositor lost their life under stress, with the RBI imposing cash withdrawal restrictions leaving 15 lakh depositors' money blocked.
Senior citizens who fainted taken to hospital in police van
On Saturday, around 100 PMC depositors gathered outside the RBI headquarters raising placards and slogans, protesting against the banking regulator's cash withdrawal restrictions after a Rs. 4,355 crore scam came to fore.
At the protest, two senior citizens, a man and a woman, fainted.
Protestors and police officers helped place them inside a police van to take them to a hospital.
Here are the visuals from the scene
#WATCH Mumbai: An elderly man, protesting along with the depositors of Punjab and Maharashtra Co-operative (PMC) Bank outside Reserve Bank of India (RBI) today, fell ill. He was later helped by the Police personnel and other protesters. pic.twitter.com/1BntAIeVpi
Shortly after the man collapsed, the woman fainted too
#WATCH Mumbai: An elderly woman, protesting along with the depositors of Punjab and Maharashtra Co-operative (PMC) Bank outside Reserve Bank of India (RBI) today, fell ill. She was later helped by the Police personnel and other depositors. pic.twitter.com/tbbmXOCc5h
Notably, heavy police force had been deployed outside the RBI headquarters as the protestors demanded written assurance from the RBI that their money will be returned.
A protestor, Shardab Sheikh, reportedly said, "RBI officials during audit had given this bank A grade. What's our mistake in this? It's very difficult to run a household for six months with just Rs. 40,000."
RBI imposed cash withdrawal restrictions on PMC last month
Last month, the RBI restricted had placed a cap on cash withdrawal for PMC account holders.
The cash withdrawal was initially capped at Rs. 1,000 and slowly raised to Rs. 40,000 for six months.
The banking regulator had also told PMC not to grant or renew any loans and advances, or incur any liability, in light of the Rs. 4,355 crore PMC Bank scam.