Government approves PMC Bank merger with Unity Small Finance Bank

"The amalgamation will come into force with effect from the date of the notification of the scheme i.e. January 25, 2022. All the branches of the PMC Bank will function as branches of Unity Small Finance Bank Ltd. with effect from this date," read the circular in the official site of the Reserve Bank of India.

from Banking/Finance-Industry-Economic Times https://ift.tt/32uMyhS