Punjab and Maharashtra Cooperative Bank has been put under restrictions, including limiting withdrawals, by the RBI, following the unearthing of a Rs 4,355-crore scam.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/hc-pulls-up-rbi-for-leaving-it-to-pmc-bank-to-decide-depositors-requests-for-money-in-emergencies/articleshow/79507454.cms
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