: Saturday, February 20, 2021, 3:18 PM IST
Punjab & Maharashtra Co-operative Bank s revival: Find out the three group of investors bidding for the bank
On February 15, 2021, Reserve Bank Governor Shaktikanta Das said it has received three bids for the troubled Punjab Maharashtra Cooperative (PMC) Bank and the central bank is now evaluating the offers.
Now it is reported that a set of investors which included foreign players has shown interest in the beleaguered bank.
There is one consortium which includes Centrum group and Fintech
BharatPe, and another one is led by Surinder Mohan Arora, an Indian businessman. The third investor bidding for this bank is UK-based Liberty Group.