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Various aspects of the scheme of amalgamation have been examined, and the government would soon send its suggestions, if any, to the RBI, sources added. ....
BharatPe reveals plan to bid for PMC Bank On January 16, Bharat Pe and financial services firm Centrum had jointly submitted a bid to the Reserve Bank of India to acquire PMC Bank BusinessToday.In | January 18, 2021 | Updated 20:38 IST BharatPe to bid for PMC Bank Amid ongoing speculation over the acquisition of Punjab and Maharashtra Cooperative (PMC) Bank, digital payments platform BharatPe has reportedly confirmed that it is looking to buy the crisis-hit cooperative lender. BharatPe has revealed its plan to acquire the PMC Bank in an interview to CNBC-TV18. On January 16, BharatPe and financial services firm Centrum had jointly submitted a bid to acquire PMC Bank. ....
BharatPe may offer to pay back PMC Bank retail depositors in full: report The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK s Liberty Group and two independent business houses BusinessToday.In | January 16, 2021 | Updated 23:17 IST Digital payments platform BharatPe and financial services firm Centrum are expected to make an aggressive bid for the Punjab and Maharashtra Cooperative Bank (PMC Bank). The joint bid to RBI for the beleaguered urban cooperative lender may reportedly offer to pay back 100 per cent to retail depositors looking to withdraw. ....