RBI releases draft scheme for Unity Small Finance Bank's takeover of PMC Bank giving a boost to depositors

RBI's draft scheme of amalgamation envisages the takeover of the assets and liabilities of PMC Bank including deposits, by the USFB in terms of the provisions of the scheme giving a greater degree of protection for the depositors.

from India Infoline News Service https://ift.tt/3xdQApO

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