RBI changes co-op banks' reporting system post PMC fraud

The Reserve Bank of India fixed the daily reporting system of the cooperative banks after the collapse of Punjab and Maharashtra Cooperative (PMC) bank following the unearthing of over Rs 4000 crore fraud.

The Reserve Bank of India fixed the daily reporting system of the cooperative banks after the collapse of Punjab and Maharashtra Cooperative (PMC) bank following the unearthing of over Rs 4000 crore fraud. October 12, 2019 at 07:15AM https://ift.tt/329OZBc