78% depositors of PMC Bank can withdraw their entire account balance: FM Sitharaman

Dec 02, 2019

New Delhi, Dec 02 (ANI): Finance Minister Nirmala Sitharaman in Lok Sabha on Punjab and Maharashtra Corporation bank scam stated that now nearly 78% of depositors of PMC bank are allowed to withdraw their entire balance. “Nearly 78% of depositors of this bank are now allowed to withdraw their entire account balance,” said FM Nirmala. “As regard to promoters, we have ensured that the attached properties of the promoters can be given to RBI under certain conditions, so those properties can be auctioned out and the money can be given to depositors,” she further added.