Punjab and Maharashtra Co-operative Bank customers will not face any loss, reassures Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said that the Reserve Bank of India (RBI) has repeatedly assured her that it will keep the interest of PMC Bank customers in mind and resolve the ongoing crisis as soon as possible.
Oct 14, 2019, 16:14 PM IST
Punjab and Maharashtra Co-operative Bank scam: Nirmala Sitharaman speaks to RBI governor, assures customers of full support
On Wednesday (September 9), Sitharaman had said at a press conference that Finance Ministry has no direct involvement in the PMC Bank case because it is a cooperative bank and RBI is the regulator for cooperative banks, including the PMC Bank.
Oct 13, 2019, 06:39 AM IST
