PMC Bank seeks investors, may convert to small finance bank - Hindustan News

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Wednesday, November 4, 2020

PMC Bank seeks investors, may convert to small finance bank

Reserve Bank of India-appointed administrator of Punjab and Maharashtra Cooperative (PMC) Bank has come up with a revival strategy where private investors can take over and convert the failed cooperative into a small finance bank. Potential investors have to submit their expressions of interest (EoI) by December 15, 2020.

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