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PMC Bank crisis: RBI hikes withdrawal limit from Rs 1,000 to Rs 10,000; over 60% depositors will be able to withdraw full amount
RBI clampdown on PMC Bank: Central bank's action will have cascading effect on other co-op banks, erode customer confidence
RBI places Mumbai-based PMC Bank under directions for 6 months; depositors cannot withdraw more than Rs 1,000