Tuesday, December 1, 2020

HC pulls up RBI for leaving it to PMC bank to decide depositors requests for money in emergencies

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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