Friday, June 21, 2024

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Punjab Maharashtra Co-operative Bank

PMC Bank and the present status of operation and supervision of urban cooperative banks in India

PMC’s collapse is unlikely to impact financial markets or other private or public sector banks as co-operative banks have meagre dealings in money markets as they largely depend upon deposits.

Understanding deposit insurance in case of bank liquidation

There is a need to spread awareness among depositors community and the common public so that could secure the money to large extent.

जमाकर्ता जमा बीमा के अन्तर्गत प्राप्त सुविधा ज्यादा कैसे प्राप्त कर सकता है

आपको अधिकतम फायदा एक लाख तक ही है भले ही वहाँ पैसा इससे ज्यादा हो। लेकिन आप ज्यादा फायदा वैध तरीके से ले सकते हैं और उसके लिये आपको प्लानिंग करनी होगी,यही यहाँ उल्लेखित कर रहा हूँ ।

Take from current fall of Punjab Maharashtra Coop bank

In the recent case of PMC bank, only accountability is discussed and would be discussed for many months to come, however, there're some other more issues too which need to be looked upon.

Less known facts to PMC Bank depositors and long term debt investors

With more and more banks going to be set up after ‘on TAP’ licensing to small Finance, Payment banks etc there should be a proper mechanism to monitor these type of stringent actions.

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