PMC Bank Scam: Supreme Court to hear petition calling for 100% insurance coverage for depositors on Friday

Aditya AK October 16 2019
PMC Bank

The Supreme Court will on Friday hear a petition seeking redressal of certain aspects associated with the recent Punjab & Maharashtra Co-operative Bank (PMC Bank) scam.

Among other prayers, the petition filed by Bejon Kumar Misra seeks 100% insurance coverage for depositors who have accounts in co-operative banks.

Last month, the Reserve Bank of India (RBI) had imposed

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