Merger of MSC and PMC banks will give relief to latter’s depositors: Jayant Patil

Dec 05, 2019

Mumbai, Dec 06 (ANI): Speaking on the issue of PMC bank depositors, Nationalist Congress Party (NCP) leader Jayant Patil said, “Depositors of Punjab and Maharashtra Co-operative (PMC) Bank will get relief if the bank is merged with Maharashtra State Cooperative Bank. We are working on it. If need arises, we will write to Reserve Bank of India to merge the banks.”