From Madhavpura Mercantile To PMC Bank: Why Little Has Changed In Cooperative Banking
Customers read a notice issued by RBI on the shutters of a PMC Bank ATM in Mumbai. (Photo: BloombergQuint)

From Madhavpura Mercantile To PMC Bank: Why Little Has Changed In Cooperative Banking

BloombergQuintOpinion
The crisis in Punjab and Maharashtra Cooperative Bank has yet again shaken the Indian banking system. Cooperative banks are much smaller than scheduled commercial banks and hence pose less of a sys...
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