Question
What is the maximum amount that an account holder of Punjab and Maharashtra Co-operative Bank Limited (PMC) can withdraw after prohibition on business transaction from RBI?
Answer: Option D
On September 23, 2019, The country's central bank, Reserve Bank of India (RBI) has prohibited Punjab and Maharashtra Co-operative Bank Limited (PMC) on business transactions of any kind for the next 6 months following the detection of alleged irregularities.
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On September 23, 2019, The country's central bank, Reserve Bank of India (RBI) has prohibited Punjab and Maharashtra Co-operative Bank Limited (PMC) on business transactions of any kind for the next 6 months following the detection of alleged irregularities.
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