City
Epaper

Mumbai: PMC Bank depositors detained for protesting outside CM residence; released later

By ANI | Updated: October 25, 2019 18:45 IST

Some PMC Bank depositors who were protesting near the Chief Minister's residence here were detained by Police on Friday.

Open in App

Some PMC Bank depositors who were protesting near the Chief Minister's residence here were detained by Police on Friday.

"We have been protesting for 30 days now. We were protesting peacefully on the road. Police forcefully detained us," a depositor told .

Those detained were released later.

"If the money is not safe in the bank, then where is it safe? Chief Minister Devendra Fadnavis said that he will solve our problem on October 22 after the elections. But there has been no word from him or his office in this regard," another depositor said.

"The government should help us and bail us out. Even the results have come in their favour. We are tired of the system now. They restricted operations in the bank in one day," another depositor said.

Last month, the RBI restricted the activities of the PMC Bank for six months and asked it not to grant or renew any loans and advances, make any investment or incur any liability, including borrowing of funds and acceptance of fresh deposits after an alleged fraud of Rs 4,355 crore came to light.

The orgsation had initially capped the deposit withdrawal at Rs 10,000 but later raised it to Rs 40,000.

The Enforcement Directorate (ED) has seized and identified movable and immovable assets worth more than Rs 3,830 crore owned by HDIL in connection with the case.

( With inputs from ANI )

Tags: Pmc BankDevendra FadnavisRBI
Open in App

Related Stories

MaharashtraCM Devendra Fadnavis Defends New Security Bill, Says Law Targets Urban Naxals, Not Protesters

MaharashtraMahadev Munde Murder Case: Manoj Jarange Demands Immediate Arrest, Says ‘Dignity of Woman Was Compromised’

BusinessPMC Bank Mess: ₹135 Cr Loan Approved for Awas Developers, Only ₹30 Cr Actually Paid, Say reports

Maharashtra'Congress Tried to Push Narrative to Appease Vote Bank': Maharashtra CM Devendra Fadnavis on Malegaon Blast Case Verdict

BusinessPMC Bank Loan Mess: ₹87 Cr Sanctioned, ₹0 Released, ₹150 Cr Claimed, Say Reports

National Realted Stories

NationalSurat schools pioneer AI, robotics & drone learning for 11,000 students

NationalGurugram Shocker: 27-Year-Old Woman Kills Her 40-Year-Old Live-In Partner with Knife Over Heated Argument

NationalNitesh Rane slams Jitendra Awhad over Sanatan Dharm remark, calls it an insult to Hindu sentiment

NationalNCP-SP leader Jitendra Awhad slams Sanatani ideology, questions Manusmriti's relevance

NationalGuj: Statewide helplines set up to address farmers’ grievances on fertiliser distribution