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Punjab & Maharashtra Co-operative Bank

Punjab and Maharashtra Co-operative (PMC) Bank victims protest outside Reserve Bank of India (RBI) in New Delhi. The PMC Bank has been in the news for allegedly extending loans to Housing Development & Infrastructure Ltd (HDIL) fraudulently, which resulted into the RBI putting restrictions on withdrawal of amounts by the investors of the bank.

PTI Photo/Atul Yadav

PMC Bank account holders protest against Daljit Singh Bal outside his complex at Mankhurd in Mumbai.

PTI Photo

Punjab and Maharashtra Cooperative (PMC) Bank's depositors hold placards and raise slogans during a protest outside Reserve Bank of India at BKC, in Mumbai.

PTI Photo

Punjab and Maharashtra Cooperative (PMC) Bank's depositors hold placards and raise slogans during a protest outside Reserve Bank of India at BKC, in Mumbai.

PTI Photo

PMC bank depositers protest outside the bank at Andheri East in Mumbai.

PTI Photo

Two accused auditors CA Ketan Lakdawala and CA Jayesh Sangh leave a court after being summoned in connection with PMC Bank scam, in Mumbai

PTI Photo

PMC bank account holders display placards as they raise slogans during their protest outside Reserve Bank of India (RBI), in New Delhi

PTI Photo/Kamal Singh

PMC bank account holders display placards as they raise slogans during their protest outside RBI office, in Mumbai.

PTI Photo/Mitesh Bhuvad

PMC Bank account holders hold placards and raise slogans as they protest outside RBI office, at BKC in Mumbai.

PTI Photo/Mitesh Bhuvad

PMC Bank account holders hold placards and raise slogans as they protest outside RBI office, at BKC in Mumbai.

PTI Photo/Mitesh Bhuvad

Punjab and Maharashtra Cooperative (PMC) Bank account holders stage a protest at Aazad maidan, in Mumbai.

PTI Photo/Shashank Parade

PMC Bank account holders hold placards as they protest at Azad maidan in Mumbai.

PTI Photo/Shashank Parade

Depositors of PMC Bank protest outside the Reserve Bank of India, at BKC in Mumbai.

PTI Photo

Depositors of PMC Bank protest outside the Reserve Bank of India, at BKC in Mumbai.

PTI Photo

Account-holders of the Punjab and Maharashtra Co-operative Bank (PMC) display placards during a protest over the Reserve Bank of India (RBI)'s curb on the bank, at Azad Maidan, in Mumbai.

PTI Photo/Shashank Parade

Senior citizen Harish Malkani (69) with his wife Rani Malkani (L) at their home in Mumbai. Both husband and wife are retired civil servants and have deposited all their savings in PMC Bank. They depend on the interest received from the bank for their day to day expenses.

PTI Photo/Shirish Shete

Allwyn Dsouza, a 100 percent blind for the past 20 years, is one of the depositors of the crisis-hit PMC bank. Dsouza is dependent on the interest received to look after himself and his 85 year old mother Tresea (R).

PTI Photo/Shirish Shete

73-yr-old Shashi Kumar Neotia at his house in Mumbai. He has recently undergone heart surgery and donated one of his kidneys to his daughter. Neotia has saved all his savings in fixed deposits in PMC Bank. He and his daughter have multiple medical issues, and depend on the interest received for their day to day expenses.

PTI Photo/Shirish Shete

Depositors of the Punjab and Maharashtra Co-operative Bank (PMC) display placards during a protest over the Reserve Bank of India (RBI)'s curb on the bank, outside RBI headquarters, in Mumbai.

PTI Photo/Mitesh Bhuvad

Depositors of the Punjab and Maharashtra Co-operative Bank (PMC) display placards during a protest over the Reserve Bank of India (RBI)'s curb on the bank, outside RBI headquarters in Mumbai.

PTI Photo/Mitesh Bhuvad

Depositors of the Punjab and Maharashtra Co-operative Bank (PMC) display placards during a protest over the Reserve Bank of India (RBI)'s curb on the bank, outside RBI headquarters in Mumbai.

PTI Photo/Mitesh Bhuvad

Advocate Shashank Mishra (L) after Supreme Court's hearing on PMC bank case, in New Delhi. The Supreme court on refused to entertain a plea filed on behalf of scam-hit PMC Bank account holders seeking lifting of restrictions imposed by the Reserve Bank of India on cash withdrawals.

PTI Photo/Ravi Choudhary

Customers of the Punjab and Maharashtra Co-operative Bank (PMC) display placards and shout slogans during a protest over the bank's crisis, outside the Reserve Bank of India building, in New Delhi.

PTI Photo/Manvender Vashist

A depositor of crisis hit Punjab and Maharashtra Co-operative (PMC) Bank holds a placard during a protest over the Reserve Bank of India (RBI) curbs on the bank, outside a court in Mumbai.

AP Photo/Rafiq Maqbool

Depositors of crisis hit Punjab and Maharashtra Co-operative (PMC) Bank display placards and photographs of depositors whom they say have lost lives following the crisis during a protest over the Reserve Bank of India (RBI) curbs on the bank, outside a court in Mumbai.

AP Photo/Rafiq Maqbool

Depositors of crisis hit Punjab and Maharashtra Co-operative (PMC) Bank hold placards during a protest over the Reserve Bank of India (RBI) curbs on the bank, outside a court in Mumbai.

AP Photo/Rafiq Maqbool

Mumbai Congress leader Sanjay Nirupam speaks as PMC depositors participate in a candlelight march for late Sanjay Gulati, at Andheri in Mumbai. 51-year-old Gulati whose deposit of over Rs 90 lakh was stuck with the scam-hit PMC Bank died of a heart attack, hours after taking part in a protest by bank customers who are seeking their money back.

PTI Photo

Finance Minister Nirmala Sitharaman meets the customers of Punjab & Maharashtra Co-operative (PMC) Bank in Mumbai.

Twitter/PTI Photo

PMC bank depositors protest outside BJP office during Union Finance Minister Nirmala Sitharaman, in Mumbai. The court extended till October 14 the police custody of a former chairman of the Punjab and Maharashtra Cooperative (PMC) Bank and two directors of HDIL, arrested in connection with the alleged Rs 4,355 crore scam at the bank.

PTI Photo/Shashank Parade

PMC bank depositors protest outside BJP office during Union Finance Minister Nirmala Sitharaman, in Mumbai. The court extended till October 14 the police custody of a former chairman of the Punjab and Maharashtra Cooperative (PMC) Bank and two directors of HDIL, arrested in connection with the alleged Rs 4,355 crore scam at the bank.

PTI Photo/Shashank Parade

PMC bank depositors protest outside Killa Court, in Mumbai. The court extended till October 14 the police custody of a former chairman of the Punjab and Maharashtra Cooperative (PMC) Bank and two directors of HDIL, arrested in connection with the alleged Rs 4,355 crore scam at the bank.

PTI Photo

Depositors of Punjab and Maharashtra Cooperative (PMC) bank display placards during a protest over the bank's crisis, outside the Reserve Bank of India building, in Mumbai

PTI Photo

Depositors of Punjab and Maharashtra Cooperative (PMC) bank display placards during a protest over the bank's crisis, outside the Reserve Bank of India building, in Mumbai

PTI Photo

Waryam Singh, former chairman of Punjab and Maharashtra Cooperative (PMC) Bank, arrives a court in connection with the alleged Rs 4,355 crore scam at the bank, in Mumbai.

PTI Photo/Shashank Parade

Depositors of Punjab and Maharashtra Cooperative (PMC) bank display placards during a protest over the bank's crisis, outside the Reserve Bank of India building, in Mumbai.

PTI Photo

Joy Thomas, suspended MD of PMC Bank, being produced before a court in connection with a multi-crore cheating case involving the bank, in Mumbai.

PTI Photo

HDIL Executive Chairperson Rakesh Wadhawan being produced at Killa Court in relation to an alleged fraud in the Punjab and Maharashtra Cooperative (PMC) Bank money-laundering case, in Mumbai

PTI Photo

HDIL Managing Director Sarang Wadhawan being produced at Killa Court in relation to an alleged fraud in the Punjab and Maharashtra Cooperative (PMC) Bank money-laundering case, in Mumbai.

PTI Photo

Punjab and Maharashtra Cooperative Bank (PMC) customers gather outside the Sion police station to file a complaint against PMC Bank, in Mumbai.

PTI Photo

BJP leader Kirit Somaiya shows a copy of a complaint filed against Punjab and Maharashtra Cooperative Bank (PMC) at EOW Police Headquarter, in Mumbai.

PTI Photo

Police personnel stand guard outside Punjab and Maharashtra Cooperative Bank (PMC) at GTB Nagar, in Mumbai. The Reserve Bank of India has placed Mumbai-based PMC Bank under directions for six months from the close of business of the bank on September 23, 2019.

PTI Photo

Customers gather inside the Punjab and Maharashtra Cooperative Bank, at Kolshet in Thane. The Reserve Bank of India has placed Mumbai-based PMC Bank under directions for six months from the close of business of the bank on September 23, 2019.

PTI Photo

Customers stand outside the Punjab and Maharashtra Cooperative Bank at GTB Nagar in Mumbai. The Reserve Bank of India has placed Mumbai-based PMC Bank under directions for six months from the close of business of the bank on September 23, 2019.

PTI Photo/Shashank Parade

A man talks on his phone outside outside the Punjab and Maharashtra Cooperative Bank at GTB Nagar in Mumbai. The Reserve Bank of India has placed Mumbai-based PMC Bank under directions for six months from the close of business of the bank on September 23, 2019.

PTI Photo/Shashank Parade

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