State will explore option of PMC bank merger: CM Devendra Fadnavis

State will explore option of PMC bank merger: CM Devendra Fadnavis

AgenciesUpdated: Sunday, October 20, 2019, 01:56 AM IST
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Mumbai: The Maharashtra government will explore the possibility of merging crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) with other bank, Chief Minister Devendra Fadnavis has said.

Assuaging concerns of depositors facing hardships due to restrictions on withdrawal of funds from the scam-hit bank, the chief minister said

Elderly woman and man fall ill while protesting with PMC bank depositors

Mumbai: An elderly woman and a man, protesting along with depositors of Punjab and Maharashtra Co-operative (PMC) Bank outside Reserve Bank of India (RBI), fell ill on Saturday. They were later helped by police personnel and other depositors.

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