Updated On: 01 October, 2019 07:20 AM IST | Mumbai | Shailesh Bhatia
Retired businessman Bharat Mankermi has his life savings worth Rs 30 lakh in FDs at the bank

Bharat Mankermi with his wife and daughter
Shocked by the news of 'losing' his entire savings at the Punjab and Maharashtra co-operative bank 79-year-old Bharat Mankermi suffered a stroke last week. While he is now on the road to recovery, he is devastated at his loss of independence as he has to depend on his daughter for monetary help.
Mankermi has a fixed deposit worth Rs 30 lakh in the Santacruz West Branch of PMC bank that has been placed under directives by the Reserve Bank of India. "My dad was in a state of shock when the news broke, so I decided to take my parents out for a movie. It was sometime in the afternoon when my father's speech began slurring and he lost his balance.