Big Relief for PMC Bank Customers! RBI raises withdrawal limit to Rs 10,000; MD George Thomas sacked
In a bid to provide relief to around 60 per cent of the PMC Bank, the RBI has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000.
The PMC Bank has near 7 lakh customer base and the RBI's decision to bar the bank from any transaction for next six months came as a shocker to them. Photo: Reuters