Punjab and Maharashtra Cooperative Bank
Withdrawal limit for PMC Bank depositors raised to Rs 50,000
With the above relaxation, more than 78 per cent of the depositors of the bank will be able to withdraw their entire account balance.
RBI raises PMC Bank customers' withdrawal limit to Rs 40,000
With this, about 77 per cent of the depositors will be able to withdraw their entire account balance, said RBI.
PMC Bank crisis: It's time to massively increase depositor insurance
The PMC crisis has brought to the fore the need to increase the deposit insurance coverage provided by the DICGC.
HDIL directors arrested, assets worth Rs 3,500 crore attached in PMC Bank case
More details awaited.
Before RBI clampdown, PMC Bank saw huge cash withdrawals from big depositors
RBI has put on PMC strict restrictions including limiting withdrawals at Rs 10,000 and banning it from lending for next six months.
PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur
PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.
PMC's HDIL loan at Rs 6,500 cr, or 73 pc of total loan book: Ex-MD Thomas to RBI
The admission came in after a board member leaked the actual balancesheet details to the RBI, said a source.
PMC Bank board sacked, withdrawal limit raised
Cash withdrawal limit raised to Rs 10,000.