20-April-2024
Banking
 
RBI relief for PMC Bank depositors, withdrawal limit hiked to Rs 40,000
15-Oct-2019

The Reserve Bank of India (RBI) has increased the withdrawal limit for depositors of Punjab and Maharashtra Co-operative (PMC) Bank to Rs 40,000. This is the third withdrawal limit increase by the RBI, in which it has increased the withdrawal amount.

News Source:- https://www.business-standard.com/article/finance/rbi-hikes-cash-withdrawal-limit-for-pmc-depositors-to-rs-40-000-119101401332_1.html