PMC Bank Case: Why Housing Societies Got Locked Out Of Their Money
Clothes hang from the windows of a low-cost residential building in the Kurla area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

PMC Bank Case: Why Housing Societies Got Locked Out Of Their Money

The Eden Garden Cooperative Housing Society in Mumbai’s Oshiwara has no money to pay for everything from power to security. Home to 29 families, it can’t access Rs 24 lakh parked in Punjab & Mahara...
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