Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally monitoring the issue. Taking to Twitter, Surya said, 'I want to assure all depositors of Sri Guru Raghavendra Co-operative Bank to not panic. Hon'ble Finance Minister Nirmala Sitharaman is appraised of matter and is personally monitoring the issue. She has assured the government will protect interests of depositors. Grateful for her concern.'
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Watch BJP MP seeks to calm depositors after RBI imposes curbs on Bengaluru Co-op bank With HD Quality.
Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally monitoring the issue. Taking to Twitter, Surya said, 'I want to assure all depositors of Sri Guru Raghavendra Co-operative Bank to not panic. Hon'ble Finance Minister Nirmala Sitharaman is appraised of matter and is personally monitoring the issue. She has assured the government will protect interests of depositors. Grateful for her concern.'
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Watch BJP MP seeks to calm depositors after RBI imposes curbs on Bengaluru Co-op bank With HD Quality
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Watch: Chaos outside PMC bank in Mapusa after RBI imposes restrictions
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Following a review of the crisis-ridden Punjab and Maharashtra Cooperative Bank's (PMC's) liquidity position, the Reserve Bank of India (RBI) on Tuesday raised the withdrawal limit for bank depositors to Rs 50,000 from Rs 40,000 earlier.
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Watch In big relief to depositors, RBI enhances PMC Bank withdrawal limit to Rs 50,000 With HD Quality
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MUMBAI: The Reserve Bank on Thursday enhanced the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank to Rs 25,000 from Rs 10,000 per account over the next six month.
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Finance Minister Nirmala Sitharaman addressing a press conference on Thursday assured depositors of crisis-hit Punjab and Maharashtra Co-operative Bank of speedy resolution as the RBI is looking into the matter and will take appropriate action as needed.
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Watch FM Nirmala Sitharaman on PMC Bank scam: RBI taking action, assures depositors speedy resolution With HD Quality
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Mumbai: Union Finance Minister arrived at Bharatiya Janata Party (BJP) office in Mumbai’s Nariman Point on Oct 11. She held a meeting with depositors of Punjab and Maharashtra Co-operative (PMC) Bank. Depositors of PMC Bank were holding protest. The RBI has put major restrictions on the transaction of this bank.
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