Authorities started investigating Punjab and Maharashtra Co-operative Bank (PMC) for fraud last year and the Reserve Bank of India (RBI) took control of it after detecting financial irregularities.
from Banking/Finance-Industry-Economic Times
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Wednesday 16 September 2020
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India's fraud-hit PMC Bank asked other major banks for a merger, says administrator
India's fraud-hit PMC Bank asked other major banks for a merger, says administrator
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