1.

The Reserve Bank of India on 19th June 2020 has extended the regulatory restrictions imposed on PMC Bank by how many months?

Answer» The Reserve Bank of India on 19th June 2020 has extended the regulatory restrictions imposed on the multi-state urban Cooperative Bank, Punjab and Maharashtra Cooperative Bank Limited (PMC Bank) by another 6 months. As per the earlier notice dated March 21st, 2020, the regulatory restrictions were up to 22nd June 2020, which now has been extended up to 22nd December 2020.


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