The bank will continue to undertake banking business with restrictions till further notice, said the RBI
A file picture of a security woman guards at the RBI headquarters in Mumbai. Pic/PTI
PMC Bank is a multi-state scheduled urban cooperative bank with operations in Maharashtra, New Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh and Madhya Pradesh. With a network of 137 branches, it ranks among the top 10 cooperative banks in the country.
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