Skip to main content

PMC bank saw massive cash withdrawals before RBI clamp down

PMC bank saw massive cash withdrawals before RBI clamp down This massive fund erosion began after some of these large depositors reportedly got a whiff of the whistleblower, reportedly a board member, leak to the regulator, which finally undid the bank on September 23, the sources added.

from Moneycontrol Business News https://ift.tt/2oKiAlH
Labels:

Comments

Post a Comment

Popular posts from this blog

German cabinet to hold secret session on Huawei#39;s role in 5G network: Report

Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology for spying, which the company denies. from Moneycontrol Business News http://bit.ly/2TyXzFb
Post a Comment
Read more

List of tax defaulters to be published from Friday: Kiran Bedi

Bedi had said the government would publish the names of defaulters in newspapers and also announce them on FM radio channels. from Moneycontrol Business News https://ift.tt/2yToJRc
Post a Comment
Read more

List of tax defaulters to be published from tomorrow: Kiran Bedi

Bedi had said the government would publish the names of defaulters in newspapers and also announce them on FM radio channels. from Moneycontrol Business News https://ift.tt/2yU0Uch
Post a Comment
Read more