RBI wants to give breathing space to the new owners of the fraud-hit bank whose reconstruction is likely to take shape in the next few months
Paving the way for takeover of PMC, the RBI had earlier in the month granted in-principle approval to Centrum Financial to set up a small finance bank
Paving the way for the takeover of PMC Bank, RBI has granted in-principle approval to Financial Services to set up a small finance bank
The move paves the way for Centrum Financial to takeover crisis-ridden Punjab and Maharashtra Cooperative Bank