Tag: PMC bank crisis

3 Final Offers Received For PMC Bank Resolution, Says RBI Governor

Mumbai: Three investors have submitted their final offers for resolution...

RBI Appoints New PMC Bank Administrator, Says Huge Losses Posing Challenges to Revival

The RBI said factors like huge losses and erosion of deposits at PMC Bank continue to cause hindrance in its revival. ...

RBI extends regulatory restrictions on PMC Bank till June 22, 2020

In yet another blow to the customers of crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank, the Reserve Bank of India (RBI) on Saturday (March...

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