PMC Bank

'The money is readily available to the depositors.' Photograph: ANI Photo Unity Small Finance Bank, a 51:49 joint venture between the Centrum Group and Bharat Pe, which took over the beleaguered Punjab and Maharashtra Cooperative (PMC)…

Image Source : LINKEDIN Ashneer Grover controversy: Interim report on governance lapses in BharatPe in 2 weeks: CEO Suhail Sameer…

<!-- -->All branches of PMC Bank will now function as branches of Unity Small Finance BankMumbai: In a relief for jittery depositors, all branches of the crisis-hit PMC Bank will now function as the branches of the Unity Small Finance…

MUMBAI: In a relief for jittery depositors, all branches of the crisis-hit PMC Bank will now function as the branches of the Unity Small Finance Bank Ltd (USFBL) with the completion of the takeover that also marks the end of a more than…

Crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank's takeover by the Unity Small Finance Bank (USFBL) came into effect on Tuesday, with the government notifying the scheme of amalgamation. PMC Bank branches will operate as USFBL…

<!-- -->RBI has extended restrictions on PMC Bank till March 31, 2022Mumbai: Restrictions on Punjab and Maharashtra Cooperative (PMC) Bank have been extended for another three months till March 31, 2022.Reserve Bank of India (RBI) has…

New Delhi: The restrictions on Punjab and Maharashtra Cooperative (PMC) Bank has been extended for another three months till the end of March next year. Reserve Bank of India (RBI) has extended the restrictions as further action on the…

The Reserve Bank of India on Monday said that it had placed in public domain a draft scheme for the acquisition of Punjab and Maharashtra Cooperative (PMC) Bank and the  and Unity Small Finance Bank (USFB). This draft scheme works though…

Image Source : FILE PHOTO/ PTI RBI announces draft scheme for acquisition of PMC Bank by Unity Small Finance Bank…

New Delhi: Punjab & Maharashtra Co-operative Bank (PMC Bank) customers won’t receive the Rs 5 lakh insurance cover in the first lot as the stressed state-owned lender is currently under the resolution process. In the first lot,…