PMC Bank depositors protest outside RBI office in Mumbai

Deccan Herald
Deccan Herald
  • 4 years ago
Mumbai, Dec 15: Punjab and Maharashtra Co-operative (PMC) Bank depositors staged a protest in Mumbai, demanding to lift imposition over their money deposited in the scam-ridden bank. They protested outside Reserve Bank of India office. The PMC Bank has around 16 lakh depositors and was placed under an RBI administrator on September 23 for six months due to the massive under-reporting of due loans.

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