PMC Bank Resolution: RBI Clears Way For Centrum To Set Up SFB ...Middle East

Mumbai:  Clearing the decks for the takeover of crisis-ridden Punjab and Maharashtra Cooperative (PMC) Bank by Centrum Financial Services, the Reserve Bank of India has granted its “in principle” approval to it for setting up a small finance bank (SFB). The “in-principle” approval has been accorded in specific pursuance to Centrum Financial Services Ltd’s offer […] The post PMC Bank Resolution: RBI Clears Way For Centrum To Set Up SFB appeared first on Ommcom News.

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