What PMC bank’s different classes of depositors, creditors would get if the proposed Scheme of amalgamation is approved?

, Last updated: 03 December 2021
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Preamble and Background After a big fraud that was reported, in September 2019, inspections conducted by RBI showed complete erosion of capital and substantial deposit erosion of the bank. The RBI issued All-Inclusive Directions to the bank under Section 35A read with Section 56 of the Banking Re

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Published by

Shivaprasad Laxman Chhatre
(Ex Chief Ethics and Compliance BNP Paribas)
Category Others Report

What PMC bank’s different classes of depositors, creditors would get if the proposed Scheme of amalgamation is approved?

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

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Original Price : INR 2999/-

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