Tuesday, January 25, 2022

Government approves PMC Bank amalgamation plan

“The scheme of amalgamation envisages takeover of the assets and liabilities of PMC Bank, including deposits, by the USFBL in terms of the provisions of the scheme,” the Reserve Bank of India said citing the government's sanction on the amalgamation plan.

from Banking/Finance-Industry-Economic Times https://ift.tt/3IBtzBD

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