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Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC Bank has enough liquidity, depositors' money fully safe, claims...

RBI has capped cash withdrawal at Rs 1,000 per customer during this period and banned the bank from any fresh lending.

26 Sept 2019 12:49 PM IST