Now with an another Bank Punjab and Maharashtra Co-operative Bank Ltd
- PMC Bank is not allowed to grant or renew any loans without prior written approval from RBI.
- PMC Bank customers are not allowed to withdraw more than ₹1,000 from their accounts.
As Mr. Joy Thomas, M.D., As the M.D. of the Bank, I take the responsibility and assure all the depositors that these irregularities will be rectified before the expiry of 6 months.
If anyone has kept FD or amount in savings account in Punjab & Maharashtra Co-op bank please get it cleared urgently by tomorrow.
RBI has issued notification to close transactions of the bank.
By CS Aman Jain
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