January 27, 2022
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2:14Now PlayingThe Centre has announced the merger of PMC bank and the USBL. This will allow the depositors to withdraw their money in a phased manner. This move comes as a relief to jittery depositors, as the two-year-long RBI-led revival process finally completes. The RBI in a release said, “The amalgamation will come into force with effect from the date of the notification of the scheme i.e. January 25, 2022. All the branches of the PMC Bank will function as branches of the USFBL with effect from this date.” However, depositors continue to be uncertain about things and the future of the bank. Many of them want their many with immediate effect. Watch To Know More!
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