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RBI Hikes PMC Bank Cash Withdrawal Limit To Rs 50,000

With the above relaxation, more than 78% of the depositors of the bank will be able to withdraw their entire account balance.

05 November 2019

PMC Bank Scam: HDIL's Wadhawans Get ED Custody Till Oct 22

The Economic Offences Wing earlier this month registered a case against the Wadhawans and top officials of the PMC Bank for allegedly causing losses to the tune of Rs 4,355.43 crore to the bank.


'Is Our Money Safe?': PMC Depositors Demand Written Assurance From RBI, Govt As Protest Enters 41st Day

In September, the RBI restricted the activities of the PMC Bank for six months including withdrawing of funds and acceptance of fresh deposits after an alleged fraud of Rs 4,355 crore came to light.

05 November 2019

No Option 'But To Become Terrorist': PMC Depositors Protest Outside RBI Office

The PMC Bank has been put under restrictions by the RBI after an alleged fraud of Rs 4,355 crore scam came to light.

29 October 2019

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