Assure our money is safe, revive PMC Bank: Depositors urge RBI
Assure our money is safe, revive PMC Bank: Depositors urge RBI The PMC Bank has been put under restrictions by the RBI after an alleged fraud of Rs 4,355 crore scam came to light Current Affairs :A few clients of the Punjab and Maharashtra Cooperative (PMC) Bank assembled outside the RBI’s office here on Tuesday, requesting an affirmation that their cash saved with the trick hit bank was protected. They likewise requested that the PMC Bank be restored so they could pull back their cash. The PMC Bank has been put under confinements by the RBI after a supposed extortion of Rs 4,355 crore trick became visible after which the store withdrawal was at first topped at Rs 1000, causing frenzy and trouble among contributors. In this way, as far as possible was raised to Rs 40,000 by the Reserve Bank of India (RBI). Around 200 clients accumulated outside the RBI’s office in the Bandra-Kurla Complex on Tuesday and said they need that their records with the PMC Bank be made oper...