INSUBCONTINENT EXCLUSIVE:
RBI gave its nod for in-principle approval to Centrum Financial Services to set up small-finance bankHighlightsRBI's approval to Centrum
Financial will pave way for PMC Bank takeover In 2019, RBI had placed the PMC Bank board under suspension PMC Bank's NPA stood at
was one of the applicants for the takeover of the PMC Bank, whose depositors are still waiting for their money to be freed.The Reserve Bank
of India (RBI) in a circular today said it will give a licence to Centrum to start a small finance bank under the Banking Regulation Act,
customers, after a scam surfaced
Several depositors who have higher amounts parked in the PMC Bank have not been able to get their money back.Even with the withdrawal limit
