PMC Bank resolution | Bank will be up and running by 2021 Q4: BharatPe co-founder Ashneer Grover

The Reserve Bank of India (RBI)  on June 18 granted 'in-principle approval to Centrum Financial Services Limited and BharatPe to set up a small finance bank (SFB), paving the way for the entity to take over the crisis-ridden Punjab and Maharashtra Co-operative Bank (PMC Bank).

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