Punjab and Maharashtra Co-operative Bank (PMC Bank): Rs. 1 lakh withdrawal limit imposed by RBI

5vIAmS9.png
 
At one place this guy says it will recover much faster after corporate tax cut and in second tweet he says it is nothing but bankruptcy...

Anyway what are safer bank options in this scenario
 
yes bank is definitely not safe. i opened a second bank account in indusind few days ago. plan to migrate to indusind slowly.
 
Sushubh said:
yes bank is definitely not safe. i opened a second bank account in indusind few days ago. plan to migrate to indusind slowly.
Click to expand...
I will also move funds from YES Bank to Bandhan Bank. But then there are FD's which are not due yet.....
 
PMC Bank crisis: No need to get into this now, says FM Sitharaman

Finance Minister Nirmala Sitharaman said the RBI as a regulator was handling the PMC Bank issue and also provided some relaxation. “I don't think I'll get into this at this stage. Will wait, let there be some kind of comprehensive picture emerging post which certainly government will have to see what best can be done...," she said.
Click to expand...
 
Finance Minister Nirmala Sitharaman said the RBI as a regulator was handling the PMC Bank issue and also provided some relaxation.
Click to expand...
Wow........ Taking India to new heights........ Now people are not even entitled to their own money because of bad management of Govt. regulatory agencies and swindlers, most probably friends of Politicians... enjoying....
 
Aww. only 96 crores? That's too low. I would have given him keys to the bank itself. And a loan of 7000 crores. For grocery shopping, of course.
 

Similar threads

Navjot Singh
RBI imposes restrictions on Thodupuzha Urban Co-operative Bank
Replies
0
Views
491
Navjot Singh
S
Dishing it out: Dishtv the best
Replies
5
Views
2,221
tech_enthu
Top