RBI supersedes board of PMCB Bank

Last updated: 01 October 2019

The Reserve Bank of India (RBI ) vide its order dated 23rd September, 2019 superseded the Board of Punjab and Maharashtra Cooperative Bank Ltd. Mumbai and Shri Jai Bhagwan Bhoria has been appointed as the Administrator of the bank by RBI with all the powers of the Board. As per press release of R
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