RBI grants in-principle approval to Centrum to own PMC Bank via SFB route

“The RBI would consider granting a licence for commencement of banking business on being satisfied that the applicant has complied with the requisite conditions laid down by RBI as part of “inprinciple” approval,” the central bank said in a notification Friday.

from Banking/Finance-Industry-Economic Times https://ift.tt/3gGPZVJ