- From 25th Jan 2022, all the branches of the PMC Bank started functioning as branches of Unity SFB.
- The Unity SFB is promoted by Centrum Financial Services Limited and Resilient Innovation Private Limited.
- Therefore, both the promoters of Unity SFB infused capital of Rs 1105.10 crore in the bank.
- Now onwards, Unity SFB will pay the customers of PMC Bank the amount it will receive from DICGC.
- The amount will be equal to the balance in the customer’s deposit accounts upto Rs 5 lakhs within the period of 90 days.
- For the depositors with amounts more than Rs 5 lakhs, the payout for the additional amount will be divided.
- Static Part:
- HQ of Unity SFB: New Delhi
Question:
a. Capital SFB
b. Unity SFB
c. Suryoday SFB
d. AU SFB