PMC Bank Latest News ALERT! Withdrawal limit to become Rs 1 lakh soon? Check important update here
Earlier, providing relief to the customers, the Reserve Bank of India (RBI) on Thursday hiked the withdrawal limit from Rs 1,000 to Rs 10,000 per bank account in the sanction-hit Punjab and Maharashtra Cooperative (PMC) Bank.
As per the RBI orders, the PMC Bank is debarred for six months from granting or renewing any loans and advances, making any investments, incurring any liability, including borrowal of funds or accept fresh deposits, etc., without prior written approval fr