Depositors of scandal-hit PMC Bank, 20 others to get up to Rs 5 lakh within 90 days
The Deposit Insurance and Credit Guarantee Corp will pay depositors of 21 insured banks, which includes scandal-hit PMC Bank, the amount equivalent to the deposits, up to a maximum of Rs 5 lakh, within 90 days. Necessary instructions have been issued to the banks to submit the claims within 45 days after obtaining approval from depositors to claim […]