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Thursday, 26 September 2019

Depositors' money fully safe, says PMC Bank

Allaying fears of the depositors and customers, PMC Bank, which is under RBI management now, said it has enough liquidity to meet all liabilities and every penny of the public is secure. The regulator has capped cash withdrawal at Rs 1,000 per customer during this period and also banned the bank from any fresh lending during this period.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2mJYibg

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