RBI Cap Withdrawals At Rs 25000 Per Month For Lakshmi Vilas Financial institution Account Holders, Right here Is Why


Nov 18, 2020 04:12 PM IST
Enterprise Enterprise

RBI has capped withdrawals at Rs 25,000 a month to forestall account holders from emptying their accounts. What is going on with Lakshmi Vilas Financial institution is a deja vu of what occurred with the PMC financial institution in 2019. Here’s what led to this disaster and what occurred subsequent.