PMC Bank Branches To Run As Unity Small Finance Bank Entities
All branches of PMC Bank will now function as branches of Unity Small Finance BankMumbai: In a relief for jittery depositors, all branches of the crisis-hit PMC Bank will now…
RBI Extends Restrictions On PMC Bank Till March 31, 2022
RBI has extended restrictions on PMC Bank till March 31, 2022Mumbai: Restrictions on Punjab and Maharashtra Cooperative (PMC) Bank have been extended for another three months till March 31, 2022.Reserve…
RBI Prepares Scheme For PMC, Unity Small Finance Bank Merger
RBI has prepared a draft plan for PMC Bank’s amalgamation with Unity Small Finance BankReserve Bank of India (RBI) on Monday unveiled a draft scheme for amalgamation of the troubled…
RBI Grants Licence To Centrum-Bharatpe For Setting Up Small Finance Bank
RBI has granted licence to Centrum-BharatPe consortium to set up a small finance bankReserve Bank of India (RBI) has granted licence to the Centrum Financial Services and BharatPe consortium to…
RBI Extends Regulatory Restrictions On PMC Bank Till December: Here’s Why
In September 2019, RBI superseded the board of PMC Bank and placed it under restrictionsThe Reserve Bank on Friday extended the regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank…
“Centrum-BharatPe Consortium Will Set Up Bank In 120 Days”: BharatPe Head To NDTV
Reserve Bank of India has approval to Centrum Financial Services Ltd to form a small finance bankWith the Reserve Bank of India having given a period of 120 days to…
How Did BharatPe, A 3-Year-Old Startup, Win A Banking License?
BharatPe, a barely three-year-old payments startup, is going to be the half-owner of a bank in India – a prize that has eluded many of the country’s pedigreed tycoons.It’s a…
RBI Grants In-Principle Approval To Centrum Financial To Set Up Small Finance Bank
RBI gave its nod for in-principle approval to Centrum Financial ServicesThe Reserve Bank of India (RBI) granted its “in-principle” approval to the applicant – Centrum Financial Services Limited to set…