New Delhi: Finance Minister Nirmala Sitharaman replied to the continuing PMC Bank crisis on Thursday, stating the government is monitoring events there and will see what can best be done for the persons impacted. The Reserve Bank of India on Thursday increased the withdrawal limit from Rs 1,000 to Rs 10,000 in a relief to the crisis-hit Punjab & Maharashtra Cooperative (PMC) bank customers. "Other terms of the Directive shall stay unchanged. With the above-mentioned relaxation, more than 60% of the bank's depositors can withdraw their entire account balance, "the RBI said in a statement.
More News
Centre Revises Export Duty on Petrol, Diesel and ATF Effective June 1
Tiffany Trump and Michael Boulos Arrive in Agra During Private Visit to India
Kargil War Heroes of Chorbat La Remembered by Fire and Fury Corps with Pride and Gratitude
Himalayan Region to Drive India’s Next Growth Phase, Says Jitendra Singh
J&K Integral Part of India, Leaders Back MEA’s Strong Rebuttal to China-Pak Remarks; Call for PoK Return
India, US Sign Strategic Pact on Critical Minerals and Rare Earth Cooperation
Trending News
Annamalai Unveils ‘We the Leaders’ After Exiting BJP, Eyes Assembly Elections
Hotel Fire Accused Lovkesh Bajaj Spent 15 Days in Jail in 2025 Fake Passport Case
Attack on Khan Sir’s Institute Puts Spotlight on Rivalries in India’s Coaching Industry
Malviya Nagar Fire: 15 Injured Under Treatment, Six on Ventilator but Stable
Delhi Govt Announces ₹10 Lakh Aid for Families of Malviya Nagar Fire Victims, Arranges Return of Mortal Remains
CBSE Receives Over 56,000 Applications for Answer Sheet Review, Foils Major Cyber Attack
Shilpa Shinde Responds to Arrest Demands After Admitting 2016 Harassment Allegations Were False
Delhi Hotel Fire: Building Owner Lavkesh Bajaj Arrested After Blaze Claims 21 Lives
Delhi Hotel Fire Probe Focuses on Owner, Management After 21 Deaths in Malviya Nagar
Single Exit, Sealed Surroundings Hampered Malviya Nagar Fire Rescue, Says DFS Official
Top News
