August 02, 2026 05:29 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Kulgam terror attack turns deadlier: Second Chhattisgarh worker succumbs to bullet injuries | 'I'm ashamed': Girl who abused PM Modi during NEET protests issues apology | 'Abuses never solve anything': PM Modi urges forgiveness after Jantar Mantar protest slogans | 'Country wanted an apology, PM forgave it': Congress' sharp swipe at Modi's video over 'abuse' row | Bengal STF arrests JeM suspect from Burdwan; probe underway into 'plot' targeting CM Suvendu Adhikari | 'My father was almost lynched': Families of Delhi cops assaulted during NEET protests share chilling accounts | Nine killed after 'dangerous' building collapses in Maharashtra | Shehzad Poonawalla quits BJP, drops party name from X bio—big political twist | Meta India head Arun Srinivas booked over alleged anti-Modi posts during NEET protests | 'I received threats to join BJP': CJP founder Abhijeet Dipke's explosive allegation sparks fresh political row

Three PMC Bank depositors die within 24 hours

| @indiablooms | Oct 16, 2019, at 11:40 am

Mumbai: Three people, who had deposits in crisis-hit Punjab Maharashtra Cooperation Bank (PMC Bank), died within 24 hours with one of them committing suicide, media reports said.

The first two people have reportedly died of cardiac arrest due to "severe stress".

The third person, who was a doctor, has committed suicide due to "depression".

Sanjay Gulati, 51, was the first person to die.

Gulati, who had a deposit of Rs. 90 lakh in the PMC, died on Monday hours after participating at a protest organised by the distressed customers of the bank.

The protest was organised outside a Mumbai court. 

The PMC Bank faced the crisis after real estate firm HDIL defaulted on loans worth Rs. 4,355 crore from the bank.

Maharashtra Chief Minister Devendra Fadnavis, also a Bharatiya Janata Party (BJP) candidate for the upcoming Maharashtra polls, said he will take up the PMC crisis with the central government. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.