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The CEO Magazine
A monthly magazine for business leaders and decision makers
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pmcbank

RBI puts Mumbai Based PMC Bank under Directions

RBI puts Mumbai Based PMC Bank under Directions Bank account holders of the RBI restricted Punjab and Maharashtra Cooperative Bank (PMC Bank) are in a state of panic as restrictions are imposed on the customers and they can’t withdraw more than Rs. 1000 for 6 months.  The limits have been put on the withdrawal from the urban co-operative bank by the apex institute of Reserve Bank Of India on Tuesday, 24th September 2019. The frightened account holders have been spotted in widespread chaos and panic outside the branches as…
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