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RBI raises withdrawal limit for PMC depositors to Rs 50,000
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): As angry depositors of Punjab and Maharashtra Cooperative (PMC) Bank took to streets on Tuesday in order to stage their protest, the Reserve Bank of India (RBI) enhanced the withdrawal limit to Rs 50,000.
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RBI restricts activities of PMC Bank due to heightened risks
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowal
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