Will discuss PMC Bank issue with PM: Fadnavis tells depositors
PTI, Oct 12, 2019, 12:14 PM IST
Thane: Maharashtra Chief Minister Devendra Fadnavis has told the depositors of the scam-hit PMC Bank that he would discuss the issue of their distress with Prime Minister Narendra Modi when he meets the latter on October 13.
A group of Punjab and Maharashtra Cooperative (PMC) Bank customers met Fadnavis on Friday after an election rally he addressed here to campaign for BJP candidate and sitting MLA Sanjay Kelkar, who is contesting from Thane City constituency.
Aggrieved depositors put forth their woes to the CM, who gave them a patient hearing, but said he could not give them any assurance as the model code of conduct was in force.
Fadnavis said he would be meeting Modi on October 13, and he had already prepared a brief on the PMC Bank issue for the meeting.
“After the elections on October 21, we will follow up on this issue and ensure that the bank is bailed out at any cost. It will not meet the same fate as the other co-operative banks,” he said.
PMC Bank is facing a crisis after an alleged Rs 4,500 crore scam came to light last month. The RBI has capped withdrawals from the bank at Rs 1,000 and later increased it to Rs 25,000 following protests by depositors.
The bank had allegedly lent over 70 per cent of its Rs 9,000 crore in loans to near-bankrupt realty player HDIL.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
People of Wayanad will ask me not to come there often: Priyanka Gandhi
Indian boxer Mandeep Jangra wins WBF’s world title
Like UP, bring BJP to power in Jharkhand to ‘bulldoze’ mafia: Yogi at Koderma poll rally
Govt asks Wikipedia why it should not be treated as publisher instead of intermediary
SC upholds validity of UP madrassa law, says it does not violate principle of secularism
MUST WATCH
Latest Additions
People of Wayanad will ask me not to come there often: Priyanka Gandhi
Belagavi: Govt clerk found dead in Tehsildar’s chamber
JPC chairman Jagdambika Pal to visit K’taka on Nov 7 to meet farmers protesting Waqf notices
Indian boxer Mandeep Jangra wins WBF’s world title
IOA submits ‘Letter of Intent’ to host 2036 Olympics in India
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.