TIL Desk/Business/New Delhi/ Finance Minister met a few angry and disgruntled customers of the PMC bank in Mumbai, Maharashtra. She assured them of all the help she could provide them with.
Later, she held a press conference and this is what she said:
>> PMC is a multi-state cooperative and is regulated by RBI. Therefore, in such instances where there is malpractice, it is RBI that handles the matter. I have conveyed this to PMC customers.
>> We will try to bring in resolutions in the upcoming Winter Session of the Parliament.
>> If amendments are going to help us curb malpractices and in empowering the regulator that is the RBI, we’d like to do it. We will also take legislative steps to avoid such cases.
