Bank account holder? Worried about safety of your money? Check likely PMC Bank impact on you
Bank account holders are a worried lot. Their hard-earned money in banks is not really all that safe. Know that in case of loss, they have just Rs 1 lakh deposit insurance that they may get! PMC Bank scam has again highlighted this shocking fact.
Now, the demand to increase deposit insurance cover is gaining momentum especially after the PMC Bank scam allegedly led to some account holders suffering medical emergencies. Reuters