PMC Bank depositors' worries to be taken up with RBI: Minister

Punjab and Maharashtra Cooperative (PMC) Bank, over a long period of time, had given more than Rs 6,700 crore in loans to the Housing Development and Infrastructure Ltd, which is 73% of its total advances, and which turned sour with the bankruptcy of the company. Its total loans stand at around 9,000 crore and the deposits at over Rs 11,610 crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/349Lbjn