Exceptions can be carved out for medical and educational emergencies of PMC bank depositors: HC to RBI
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Exceptions can be carved out for medical and educational emergencies of PMC bank depositors: HC to RBIPTI
Last Updated: Jan 18, 2021, 07:33 PM IST
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Synopsis
A bench of Chief Justice D N Patel and Justice Jyoti Singh asked the depositors, whose needs have been highlighted before the court in a PIL, to once again approach the RBI-appointed administrator of PMC bank giving details of their financial needs along for medical or educational reasons within three weeks.
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NEW DELHI: The Delhi High Court on Monday said that according to the Supreme Court s decision on withdrawal of money by depositors of scam-hit PMC bank for exigencies, exceptions can be carved out for urgent medical and educational requirements.