Punjab Maharashtra Co Operative Pmc Bank
Business  /  Published 23.09.21

Payout promise to PMC depositors

Depositors of PMC Bank and 20 other stressed lenders will get up to Rs 5 lakh in the form of deposit insurance from the DICGC. This comes after Parliament passed the Deposit Insurance and Credit Guar...
By Our Special Correspondent in Mumbai

India  /  Published 27.08.20

Deposits: stuck at co-op bank

Set up in 1984, PMC is a regional lender with 137 branches across six states and by last year, it had deposits of $1.5 billion. Yes Bank is far bigger with more than 1,000 branches across India. Many...
By Reuters in Mumbai, New Delhi


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