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ISMDU
Sources:
#RBI
gives its nod for Centrum-BharatPe to takeover PMC Bank
RBI likely to make official announcement today itself
Centrum-BharatPe recently received RBI nod to acquire
#PMCBank
#Centrum
-BharatPe likely to get a Small Fin Bank licence post takeover of PMC Bank.
ISMDU
Unity Small Finance Bank: All
#PMCBank
employees will remain employed
96% of
#PMC
Bank depositors will get immediate access to their funds with the amalgamation
99% of
#retail
depositors can be paid in full by 5th yr, 100% by 10th yr