Pmc Bank Fraud
19 Oct 2019
PMC crisis: 83-year-old dies; couldn't withdraw funds for heart surgery
An 83-year-old account holder of the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank died of heart attack in Mumbai on Friday, after failing to raise sufficient funds for heart surgery.
14 Oct 2019
PMC Bank crisis: RBI hikes withdrawal limit to Rs. 40,000
In a major relief for customers of the crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India (RBI) raised the withdrawal limit for account holders to Rs. 40,000, on Monday. Earlier, this limit was Rs. 25,000.
10 Oct 2019
PMC crisis: Nirmala Sitharaman says she'll talk to RBI Governor
Finance Minister Nirmala Sitharaman met distressed customers of the crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) on Thursday and assured them she will speak to Shaktikanta Das, the Governor of Reserve Bank of India (RBI), this evening.