The Hindu Business Line|October 11, 2019
The Finance Minister will request Das to consider expediting the withdrawal of funds by despositors. She also promised legislative changes, if required.
At present, PMC Bank is under directions of the RBI and depositors can withdraw only ₹25,000. Sitharaman, who met protesting depositors of PMC Bank, however, did not give a timeline for the withdrawal, and said that it would depend on the RBI and the administrator.
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October 11, 2019