The Punjab and Maharashtra Cooperative (PMC) Bank has lately been in the news for quite a while, due to its astounding scam of 65,000 crore INR. The bank has been assigning loans in a fraudulent way to HDIL (Housing Development and Infrastructure Limited) even when they defaulted the loan repayment schedule at first. Such a … Continue reading After The Recent PMC Bank Scam, Are Bank Deposits Still Safe?
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