- Home
- /
- News Updates
- /
- PMC Bank Crisis: Bombay HC...
PMC Bank Crisis: Bombay HC Dismisses Petitions Challenging Withdrawal Restrictions Imposed By RBI
Nitish Kashyap
5 Dec 2019 7:50 PM IST
In a major setback for the aggrieved depositors of Punjab and Maharashtra Co-operative (PMC) bank, the Bombay High Court on Thursday dismissed a batch of petitions filed by depositors challenging Reserve Bank of India's decision to impose limits on withdrawal of funds from the crisis hit bank.The bank was placed under an Administrator by the RBI after it was discovered that over 70% of the...
This is a premium content
Available exclusively to
Our subscribers
Subscribe Premium
INR 1099+GST
Your support helps us to bring you more content at
an affordable subscription scheme !!!
All payment options available
Tags
Next Story



