RBI

RBI says no resolution plan yet for PMC Bank, appoints new administrator

Administrator_India
September 23, 2020
RBI
zero comment

By Administrator_India Capital Sands The Reserve Bank of India on Tuesday said it is yet to come up with a resolution plan for Punjab and Maharashtra Cooperative Bank, and named a new administrator for the crisis-ridden lender. While the central bank and the PMC Bank administrator have been exploring various options, “factors such as huge […]