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Question
Which NBFC has received approval from RBI to take over PMC bank and re-launch it as a Small Finance Bank?
Options:
A .  Satin Creditcare Network Limited
B .  HDB Financial Services Limited
C .  Credila Financial Services Private Limited
D .  Centrum Financial Services Limited
Answer: Option D

The RBI has approved Centrum Financial Services Limited which will take over the Punjab & Maharashtra Co-operative Bank Ltd., Mumbai (PMC), and re-launch it as a Small Finance Bank.



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