- By Abhinav Gupta
- Tue, 15 Oct 2019 01:54 PM (IST)
- Source:JND
Mumbai | Jagran News Desk: A 51-year-old customer of scam-hit Punjab and Maharashtra Cooperative (PMC) Bank died from cardiac arrest on Monday, soon after he returned home from a protest rally against the scam, pegged at nearly Rs 4,500 crore.
Sanjay Gulati, a resident of Taporewala Gardens in Mumbai's Oshiwara, had deposits worth Rs 90 lakh in the Oshiwara branch of the PMC Bank.
Gulati’s family has a total of four accounts in the beleaguered bank which belonged to him, his parents and his wife.
Misfortune had been after Gulati for a long time. As per media reports, Sanjay and his father worked at Jet Airways. First, Sanjay lost the job after the airline was grounded in April this year.
After losing his job, Sanjay put all his savings in the scam-hit bank. Another bad news for him came when the RBI restricted the withdrawal limit for depositors of the PMC Bank.
According to his wife, Sanjay returned home around 3:30 pm on Monday and slept. Around 4:45 pm, he asked her to serve food. As he was eating, he slumped and died.
Meanwhile, in further relief to customer of troubled PMC Bank, RBI on Monday enhanced withdrawal limit to Rs 40,000 per account from Rs 25,000 per account earlier for six months.
This is the third time the regulator has increased the withdrawal limit since it clamped down on PMC Bank on September 23, capping withdrawals at Rs 1,000 per customer, which led to a lot of distress and criticism.
Finance Minister Nirmala Sitharaman said she is closely monitoring the developments at PMC Bank, and the RBI governor has assured that customers' interest will be protected.