India's fraud-hit PMC Bank asked other major banks for a merger, says administrator - THEMARKETTRENDZ

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Wednesday, 16 September 2020

India's fraud-hit PMC Bank asked other major banks for a merger, says administrator

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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