Ex-Jet Airways employee with Rs 90 lakhs deposit in PMC Bank, dies hours after protest
Sanjay Gulati went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck with the bank.
Sanjay Gulati went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck with the bank.
The bank has come on the regulatory radar after Housing Development & Infrastructure Ltd and its directors failed to repay a Rs 4,355 crore loan taken from PMC Bank putting the bank under liquidity stress.
Absconding since the past four days, Joy Thomas' arrest came a day after the Chairman and the Managing Director of HDIL were arrested by the Economic Offences Wing (EOW) of the Mumbai Police.
Rakesh Kumar Wadhawan, the Chairman, and Sarang Wadhawan, Managing Director of HDIL were arrested by the Economic Offences Wing (EOW) of the Mumbai Police earlier on Thursday.
