Wednesday, September 25, 2019

PMC says has enough liquidity, depositors' money fully safe

Asserting that all its loans are fully secured, the management admitted that one large account-HDIL--is the sole reason for the present crisis leading to the regulatory action Tuesday when RBI superseded its management and placed it under an administrator for the next six months.

from Moneycontrol https://ift.tt/2mKGgWe

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