Stressed PMC Bank customers not to get Rs 5 lakh deposit cover in first lot: RBI

The Reserve Bank of India (RBI) had imposed restrictions on the withdrawal of deposits from these stressed banks. Of the 20 banks, 10 are from Maharashtra, five from Karnataka, and one each from Uttar Pradesh, Kerala, Rajasthan, Madhya Pradesh, and Punjab.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3Ew5MB9