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Maharashtra govt suggests merger of troubled PMC Bank with MSC Bank
December 5, 2019 | By Moneycontrol.com
business
If the need be, the state government will speak to the Reserve Bank of India (RBI) on the issue of merger of the Maharashtra State Cooperative (MSC) and PMC banks, he said.
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The Maharashtra government has suggested merger of the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank with the MSC Bank in a bid a provide relief to depositors of the troubled lender, state minister Jayant Patil said on Thursday. If the need be, th
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