Punjab & Maharashtra Cooperative (PMC) Current Affairs, GK & News

RBI extends curbs on PMC Bank till 30 June

Reserve Bank of India (RBI) has extended restrictions on withdrawals and deposits in Punjab & Maharashtra Cooperative (PMC) Bank till 30 June, 2021. This decision was taken as central bank is working to finalize an investor for scam-hit multi-state cooperative bank. Background Reserve Bank of India had imposed restrictions on Punjab & Maharashtra Bank Cooperative ..