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'Working on amending co-operative bank act': RBI Guv Das on PMC Bank crisis

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Reserve Bank Governor Shaktikanta Das on Thursday said it is closely monitoring the situation at scam-hit PMC Bank and a forensic audit is underway. He said co-operative societies amendment act is being worked on. "PMC Bank situation is being closely monitored. Forensic audit is underway in PMC Bank case," Das told reporters after a meeting of the Financial Stability and Development Council (FSDC) here.

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