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Unity SFB says 96% of PMC Bank s depositors will be paid upfront

Unity SFB also stated that these depositors can choose to either withdraw or retain this amount with Unity Bank; or make additional deposits.

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PMC Bank Branches To Run As Unity Small Finance Bank Entities

All branches of the crisis-hit PMC Bank will now function as the branches of the Unity Small Finance Bank Ltd with the completion of the takeover

Centrum financial servicesMaharashtra cooperative bankResilient innovation pvt ltdUnity small finance bankDepartment of financial servicesUnity small finance bank ltdUnity small financeReserve bankFinancial servicesPmc bankPmc bank crisisPmc bank mergerPmc bank newsReserve bank of india rbiCentrum capital

Govt approves merger of PMC Bank with Unity Small Finance Bank

All the branches of the PMC Bank will function as branches of Unity Small Finance Bank Ltd. with effect from this date, January 25, 2022, RBI said in a statement.

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