Will discuss PMC Bank issue with PM Narendra Modi on 13 October, Devendra Fadnavis tells depositors

Fadnavis said he would be meeting Modi on 13 October, and he had already prepared a brief on the PMC Bank issue for the meeting.

Press Trust of India October 12, 2019 15:11:45 IST
Will discuss PMC Bank issue with PM Narendra Modi on 13 October, Devendra Fadnavis tells depositors
  • A group of Punjab and Maharashtra Cooperative (PMC) Bank customers met Fadnavis on Friday after an election rally he addressed in Thane

  • Aggrieved depositors put forth their woes to the CM, who gave them a patient hearing, but said he could not give them any assurance as the model code of conduct was in force

  • Fadnavis said he would be meeting Modi on 13 October, and he had already prepared a brief on the PMC Bank issue for the meeting

Thane: Maharashtra Chief Minister Devendra Fadnavis has told the depositors of the scam-hit PMC Bank that he would discuss the issue of their distress with Prime Minister Narendra Modi when he meets the latter on 13 October.

A group of Punjab and Maharashtra Cooperative (PMC) Bank customers met Fadnavis on Friday after an election rally he addressed here to campaign for BJP candidate and sitting MLA Sanjay Kelkar, who is contesting from Thane City constituency.

Will discuss PMC Bank issue with PM Narendra Modi on 13 October Devendra Fadnavis tells depositors

File image of Maharashtra chief minister Devendra Fadnavis. PTI

Aggrieved depositors put forth their woes to the CM, who gave them a patient hearing, but said he could not give them any assurance as the model code of conduct was in force.

Fadnavis said he would be meeting Modi on 13 October, and he had already prepared a brief on the PMC Bank issue for the meeting.

"After the elections on 21 October,we will follow up on this issue and ensure that the bank is bailed out at any cost. It will not meet the same fate as the other co-operative banks," he said.

PMC Bank is facing a crisis after an alleged Rs 4,500 crore scam came to light last month.

The RBI has capped withdrawals from the bank at Rs 1,000 and later increased it to Rs 25,000 following protests by depositors.

The bank had allegedly lent over 70 per cent of its Rs 9,000 crore in loans to near-bankrupt realty player HDIL

Updated Date:

also read

COVID-19 surge: Open vaccination for 'everyone who needs it', Rahul Gandhi writes to Narendra Modi
India

COVID-19 surge: Open vaccination for 'everyone who needs it', Rahul Gandhi writes to Narendra Modi

In his letter to the prime minister, the Congress leader also demanded an immediate moratorium on COVID-19 vaccine exports

Pariksha Pe Charcha: Narendra Modi tells students to not fear exams, value free time
India

Pariksha Pe Charcha: Narendra Modi tells students to not fear exams, value free time

Interacting with students virtually in his annual Pariksha Pe Charcha programme, the prime minister advised students to not run away from any subject even if they find it difficult

Narendra Modi administered second dose of COVID-19 vaccine at AIIMS
India

Narendra Modi administered second dose of COVID-19 vaccine at AIIMS

The prime minister said vaccination is among the few ways to defeat coronavirus and urged eligible citizens to register for it