PMC Bank crisis: Finance Ministry, RBI to study issue together, says FM Sitharaman
Deccan Herald
Deccan Herald
  • 5 years ago
Finance Minister Nirmala Sitharaman who today met account holders of PMC Bank in Mumbai said that the crisis is not directly related to Finance Ministry as RBI is its regulator. Her comments come amid protests by bank customers over limiting withdrawal amount by RBI from PMC to 25,000 and Economic Offence Wing’s cases against loan defaulters HDIL Directors Rakesh and Sarang Wadhwan.
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