Another PMC Bank: RBI steps in to curb withdrawal limit, assures depositors at the same time

The license of the crisis-hit Sri Gururaghavendra Sahakara Bank Niyamitha (SGRSBN) bank in Bengaluru has not been cancelled and it can continue to undertake banking business with restrictions till its financial position improves, RBI said.

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