RBI gives nod to set up a small finance bank to take over PMC
July 12, 2021 19:26The Punjab and Maharashtra Co-operative Bank (PMC) incurred a huge loss and it led to its net worth getting all wiped out last year. It posed some serious challenges for its revival. Centrum Financial Services Ltd. is to set up a small finance bank that would take over the PMC bank. The RBI said that […]