NCP chief Sharad Pawar on Monday met Union Minister of State for Finance Anurag Singh Thakur to discuss possibilities of the revival of the troubled Punjab & Maharashtra Cooperative (PMC) Bank. After the meeting in Delhi, the Rajya Sabha member termed the discussion as "constructive". The PMC Bank has been put under restrictions by the RBI, after a multi-crore scam came to the light following which the deposit withdrawal was initially capped at Rs 1,000, causing panic and distress among depositors.

Had a meeting with the Union Minister of State for Finance, Shri Anurag Singh Thakur (@ianuragthakur) in New Delhi to raise the issue of revival of PMC Bank. We had a constructive exchange of views on the topic. pic.twitter.com/5WNDV1CPEF

— Sharad Pawar (@PawarSpeaks) January 13, 2020

The withdrawal limit was increased gradually to Rs 50,000. "Had a meeting with the Union Minister of State for Finance, Shri Anurag Singh Thakur (@ianuragthakur) in New Delhi to raise the issue of revival of PMC Bank. We had a constructive exchange of views on the topic," Pawar tweeted.