PMC Bank depositors to get up to Rs 5 lakh back from Nov 30; account holders of 23 banks facing 'restrictions' from RBI to benefit from THIS move - DETAILS here
PMC Bank account holders ALERT! Depositors of stressed banks like Punjab & Maharashtra Cooperative (PMC) Bank are now set to get up to Rs 5 lakh back from November 30 as the government has notified the amendment to the DICGC Act.
At present, it takes 8-10 years for the depositors of a stressed bank to get their insured money and other claims.