What steps taken to help PMC Bank depositors, HC asks RBI

On September 23, the RBI imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities. The withdrawal limit for account holders was initially Rs 1,000 per each customer for six months, which was later raised to Rs 10,000 and then to Rs 40,000.

from Banking/Finance-Industry-Economic Times https://ift.tt/2NBhiCt