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Unity Small Finance Bank Q4 Results: PAT at Rs 143 crore; NII rises 55% YoY

The bank, promoted by Centrum Financial Services, said its net interest margin was at 10.8%. Its operating profit soared nearly four-fold at Rs 147 crore against Rs 37 crore in the year-ago quarter. ....

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RBI-approved Small Finance Banks in India offering 8-9 percent interest on fixed deposits, check details

Small finance banks in India increase fixed deposit interest rates following Reserve Bank of India s repo rate hike. ....

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PMC amalgamation: Depositors pin hopes on apex court of the land

A representative of the PMC bank's aggrieved depositors has addressed a letter to Indian Cooperative asking if the PMC bank's scheme of amalgamation with Small Unity Finance Bank is not a travesty of justice. Livid, he has ....

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Unity SFB says 96% of PMC Bank's depositors will be paid upfront

Unity SFB also stated that these depositors can choose to either withdraw or retain this amount with Unity Bank; or make additional deposits. ....

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RBI allows Unity SFB to take over PMC branches

In a press release the apex bank RBI says that “The Government of India has sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. (PMC Bank) with Un ....

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