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PMC Bank

Banking issues: Old wine in a new bottle

Policenama Online - Banking headlines over the last few months have been dominated by a decline in specific bank share prices that have highlighted both the broader credit issues in the economy and the lack of speed in recognition of…

RBI bars PMC Bank from business transactions

Mumbai, Policenama Online - The Reserve Bank of India has placed the Punjab & Maharashtra Cooperative Bank Ltd, Mumbai from carrying out any kind of business transactions, here on Tuesday, sparking panic among the banks depositors and…