PIL in HC seeks lifting of restriction on cash withdrawal from PMC bank

​​A bench of Chief Justice D N Patel and Justice C Hari Shankar issued notice to the Finance Ministry, Delhi government, RBI and the PMC bank directing them to indicate their stand on the plea which has sought 100 per cent insurance cover for customers' money deposited in the bank. The RBI had earlier unearthed a Rs 4355-crore scam by PMC Bank .

from Banking/Finance-Industry-Economic Times https://ift.tt/2JFvYzr