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Pmc Bank
Business  /  Published 02.04.22

PMC depositors get first payout

Following the amalgamation, bank’s 110 branches and over 1,100 employees came into Unity Bank’s fold...
By Our Special Correspondent in Mumbai

India  /  Published 04.02.22

PMC scam accused arrested

Daljit Singh Bal, who was a director of the Punjab and Maharashtra Cooperative, was held along with his wife and son...
By PTI in Motihari

Business  /  Published 23.11.21

Staggered payout in PMC rescue plan

Under the amalgamation scheme, Unity Small Finance Bank Ltd will pay off depositors in phases, will full repayment in 10 years...
By Our Special Correspondent in Mumbai

Business  /  Published 13.10.21

Centrum gets small bank permit

The development is likely to clear the decks for the merger of PMC Bank with the small finance bank...
By Our Special Correspondent in Mumbai

Business  /  Published 23.09.21

Payout promise to PMC depositors

By Our Special Correspondent in Mumbai

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Business  /  Published 19.06.21

Centrum-BharatPe to take over PMC

The banking regulator grants an in-principle approval to the combine of Centrum Financial and Resilient Innovations Pvt Ltd to set up a small finance bank...
By Our Special Correspondent in Mumbai

Business  /  Published 06.02.21

Three bids to save PMC

Evaluation of these proposals are underway...
By Our Special Correspondent in Mumbai

Business  /  Published 20.12.20

Financial services group Centrum in PMC race

The RBI announced that Punjab and Maharashtra Cooperative Bank has received four investment proposals to take over management control, revive the bank and commence regular operations...
By Our Special Correspondent in Mumbai

Business  /  Published 04.12.20

PMC Bank: investors positive, says RBI governor

The multi-state urban cooperative outfit sought expressions of interest for reconstruction in November ...
By Our Bureau and Agencies in Mumbai

India  /  Published 27.08.20

Deposits: stuck at co-op bank

Cash in account but none to pay for treatment, school fees or even groceries...
By Reuters in Mumbai, New Delhi


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