Q. The Punjab and Maharashtra Co-operative Bank (PMC Bank) was amalgamated with which bank?
Answer: Unity Small Finance Bank
Notes: The Government approved the plan for the amalgamation of the Punjab and Maharashtra Co-operative Bank (PMC Bank) with Unity Small Finance Bank (USFBL). USFBL is a joint venture between Centrum Financial services and digital payments platform BharatPe. All the branches of the PMC Bank will function as branches of USFBL with immediate effect.
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