No funds available: Depositors at India's PMC Bank survive on loans, charity

In February, 82-year-old Kishan Lal appealed to India’s finance minister for help, saying in a Twitter message he was ready to donate his kidney and eyes if someone could help arrange funds to treat his daughter, who had a brain tumour. The Lals had enough savings to tide over the medical crisis – more than 2.5 million rupees ($33,450) in Punjab & Maharashtra Co-operative (PMC) Bank. The withdrawal cap is now at 100,000 rupees per depositor. …read more

Source:: Yahoo Finance

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