Tuesday, October 1, 2019, 7:53 AM
Finance Minister Nirmala Sitharaman sought to calm down a Twitter user who said "people are bound to consume poison" as the aftershocks of the severe funds crunch at Punjab and Maharashtra Cooperative (PMC) Bank hit them. The Reserve Bank of India (RBI) on September 23 imposed restrictions on PMC Bank citing "major financial irregularities, failure of internal control and systems", among other red flags.
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