PMC Bank Financial Crisis To Be Sorted By RBI Says Bombay HC

PMC Bank Financial Crisis To Be Sorted By RBI Says Bombay HC
Photo courtesy: First post

Due to the financial crisis of the PMC bank, on 23 September, the RBI imposed a regulatory restrictions on the PMC Bank for next six months over present situation of the alleged monetary crisis. The withdrawal of money has been restricted  for account holders, it was at first Rs 1,000 per every account holder  for six months, which is later raised to Rs 10,000 and then to Rs 40,000.

A division bench of Justices S C Dharmadhikari and R I Chagla was heading to hearing a bunch of petitions which was plea by the bank depositors, restrictions imposed by means of the RBI on withdrawals has raised problems for the account holders of the PMC bank. RBI said “It said in such financial issues, the RBI will be the judge and not the court”.

 

Source:First Post

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  • 4 Nov 2019
  • WerIndia

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In 1989-90, with Rajiv Gandhi as PM and Farooq Abdullah as CM, 400,000 Kashmiri Pandits, Sikhs & Others FACED GENOCIDE - were slaughtered or forced to leave Kashmir overnight. "The Kashmir Files" shows only a small part of this. Should a Kashmir Genocide Law be made and the atrocities be fully investigated?

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1989-90 में, राजीव गांधी के प्रधान मंत्री और फारूक अब्दुल्ला के मुख्यमंत्री के रूप में, 400,000 कश्मीरी पंडितों, सिखों और अन्य लोगों को नरसंहार का सामना करना पड़ा - या तो रातों-रात कश्मीर छोड़ने के लिए मजबूर होना पड़ा । "द कश्मीर फाइल्स" इसका एक छोटा सा हिस्सा ही दिखाता है। क्या कश्मीर में हुए नरसंहार पर कानून बनाया जाना चाहिए और अत्याचारों की पूरी जांच होनी चाहिए?

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