New Delhi, November 6
Scam-hit PMC Bank’s depositors staged protest outside the RBI office here on Wednesday, demanding complete withdrawal of their money from the bank.
Most of the 20-odd depositors took to sloganeering against the RBI, alleging it was hand-in-glove with the perpetrators of fraud.
The depositors, who gathered here were from Tilak Nagar in West Delhi where the bank has a branch, said most of their families have collective deposits in excess of Rs 51 lakh in the bank.
Earlier in September, the Reserve Bank of India had imposed restrictions on the withdrawal limit of the account-holders after it found alleged irregularities to the tune of Rs 4,355 crore by diverting money to infrastructure firm HDIL.
On Tuesday, the apex bank enhanced the cash withdrawal to Rs 50,000 per account, which was the fourth such increase since the bank was placed under its direct control with an administrator on September 23.
“We have not been able to pay towards our GST as the advance tax payment date is nearing. From where do we get the money,” the agitating protestors, who submitted a memorandum to RBI officials, said.— PTI
from The Tribune https://ift.tt/2WRtUJV
via Today’s News Headlines
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