The Congress on Saturday slammed the government for appointing former CAG Vinod Rai, as Chairman of Unity Small Finance Bank.Congress Chief spokesperson Randeep Surjewala said: "First, as Chairman of Banking Recruitment Board, Now, as .
The draft scheme of amalgamation envisages the takeover of the assets and liabilities of PMC Bank, including deposits, by the USFB, thus giving a greater degree of protection for the depositors, the Reserve Bank of India said.
The Reserve Bank of India (RBI) on Monday released a draft scheme for the acquisition of Punjab and Maharashtra Cooperative (PMC) Bank by Delhi-based Unity Small Finance Bank (USFB).