RBI Bars PMC Bank from doing business for 6 mon...

RBI Bars PMC Bank from doing business for 6 months, Rs 1,000 withdrawal limit imposed.

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The Reserve Bank of India has put limitations on the withdrawal of amount by account-holders of the Mumbai-based Punjab and Maharashtra Co-Operative Bank (PMC Bank). The restrictions will remain in force for a period of six months starting the end of business hours on September 23, the central bank said

https://thewire.in/banking/pmc-bank-restriction...

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