Fourth Death In A Week As PMC Bank Depositors Continue To Suffer. When Will This Stop?

Since the PMC Bank crisis came to the fore last month, their depositors have been running pillar to post to make themselves heard. Some are still trying but some have tragically died in their battle to get their own money back. Unable to withdraw their own hard-earned money from PMC banks, these people eventually lost all hope and passed away.

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1. 51-year-old Sanjay Gulati died on Tuesday, who had lost his job with Jet Airways after the airline was grounded, hours after attending a depositors’ protest. He died at his home in Oshiwara, as hsi entire savings were blocked in the PMC Bank and he could not withdraw cash for his physically challenged son’s treatment. Gulati had gone to attend a protest at the Killa Court in the Fort area. Close to 200 PMC Bank account holders protested outside the Mumba Court. He returned home and asked wife for food. Gulati suffered a stroke while eating and died.

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