PMC Bank Crisis In India

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PMC Bank Crisis In India

People wait outside the Punjab and Maharashtra Co-operative (PMC) Bank branch in Mumbai, India on 26 September 2019. The Reserve Bank of India has ordered the Mumbai-based PMC Bank not to do any business for six months and capped depositor withdrawals at INR 1,000 (around 14.09 USD) per account as per media report. (Photo by Himanshu Bhatt/NurPhoto)


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