PMC Bank merger with Unity Small Finance Bank awaits govt approval
As per the Banking Regulation Act, the draft scheme of amalgamation is required to be placed before the government for its sanction and the Centre may sanction the scheme without any modifications or with such modifications as it may consider necessary.
IPO-bound India1 Payments aims to deploy 20,000 ATMs in next 4-5 yrs"The hike in interchange fees by RBI coupled with various structural growth drivers, including expected increase in cash withdrawal transactions, will accelerate White Label ATMs deployments in the country," he said.
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