PMC Bank depositors to get first payout from Unity SFB

PMC Bank depositors to get first payout from Unity SFB

Unity Small Finance Bank will pay Rs 3,791.55 crore to about 8.5 lakh depositors of Punjab and Mahar..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

The Sad Saga of PMC Bank

The Sad Saga of PMC Bank

Among the three facing crucifixion, the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank has ..

Govt approves PMC Bank’s merger with Unity SFB

Govt approves PMC Bank’s merger with Unity SFB

The government has approved and notified the merger of the scam-hit Punjab and Maharashtra Co-operat..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

PMC Bank resolution at an advanced stage: RBI dpy guv

PMC Bank resolution at an advanced stage: RBI dpy guv

The resolution process for Punjab and Maharashtra Co-operative (PMC) Bank is at an advanced stage, a..

PMC Bank depositors to get back up to Rs 5 lakh from 30 Nov

PMC Bank depositors to get back up to Rs 5 lakh from 30 Nov

Depositors of stressed banks like Punjab & Maharashtra Cooperative (PMC) Bank are now set to get..

RBI lays down conditions for Centrum on PMC Bank takeover

RBI lays down conditions for Centrum on PMC Bank takeover

Centrum Financial Services and BharatPe will have to go through several conditions laid down by the ..

RBI extends restrictions on PMC Bank till 31 Dec

RBI extends restrictions on PMC Bank till 31 Dec

The distress time for depositors of Punjab and Maharashtra Cooperative (PMC) Bank will at least cont..

RBI gets Centrum-BharatPe to rescue PMC Bank

RBI gets Centrum-BharatPe to rescue PMC Bank

Punjab & Maharashtra Cooperative Bank (PMC), which has been hit by a scam and had the Reserve Ba..