Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 872)
872.
Which NBFC has received approval from RBI to take over PMC bank and re-launch it as a Small Finance Bank?
Satin Creditcare Network Limited
Credila Financial Services Private Limited
Centrum Financial Services Limited
HDB Financial Services Limited
Answer: Option
Explanation:
The RBI has approved Centrum Financial Services Limited which will take over the Punjab & Maharashtra Co-operative Bank Ltd., Mumbai (PMC), and re-launch it as a Small Finance Bank.
Discussion:
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