Finance Minister Nirmala Sitharaman informed the Lok Sabha on Monday that the process of recovering money for small depositors following bank loan write-offs is a layered and time-consuming process while referring to the case of the Punjab & Maharashtra Co-operative (PMC) Bank, where depositors are challenging the Delhi High Court for the restrictions imposed on their withdrawals. In this episode of the Editorial our Managing Editor Mr Sujit Nair shares his take on the matter.
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