RBI Imposes Restrictions On PMC Bank, Withdrawals Capped At Rs 1,000 For Six Months
People outside a branch of Punjab & Maharashtra Cooperative Bank. (Photo: BloombergQuint)

RBI Imposes Restrictions On PMC Bank, Withdrawals Capped At Rs 1,000 For Six Months

The Reserve Bank of India has capped withdrawals by customers of Punjab & Maharashtra Cooperative Bank for six months and placed the lender under certain restrictions, invoking powers under India’s...
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