PMC crisis: RBI raises withdrawal cap to Rs 10,000 in 6 months

The RBI had Tuesday imposed a slew of restrictions on PMC Bank after finding many irregularities in its books, including massive under-reporting of NPAs. The lender is not allowed to offer new loans or accept deposits.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2lnbBxP