Current sources say the representatives will come back to Azad Maidan after the meeting to decide the next course of action
Mumbai: 10 representatives of the PMC bank depositors who staged a protest at the Azad Maidan in Mumbai have moved towards the Reserve Bank of India (RBI) on Tuesday. This move comes after the RBI said that it is open to have a dialogue with the protestors. A delegation of protestors will put forth their demands, which includes a written assurance from the central bank. Current sources say the representatives will come back to Azad Maidan after the meeting to decide the next course of action.
The delegation of protestors could not meet RBI Governor Shaktikanta Das as he is out of Mumbai, but they did have a meeting with the Executive Director. According to reports, the Executive Director told depositors that the Central Bank is serious about the issue and wants time till October 30. RBI, in a press conference, will announce its final decision on the issue on October 30.
Reports suggest that the delegation of depositors also sought a compensation of Rs 25 lakh each to those PMC Bank account holders who have lost their lives during the crisis. However, today’s meeting was not documented and the final decision will be taken after figuring out a possible solution to the issue.
On 25th October RBI will organize a high-end meeting with PMC Bank officials. The agitating protesters of the PMC Bank will once again start their protest march on October 30 at 10 am. The delegation has requested people to gather at the Azad Maidan in Mumbai in large numbers.
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