Answer- A
1)On January 25, 2022, the Indian government approved and announced the merger of the Punjab and Maharashtra Co-operative Bank Ltd with Unity Small Finance Bank Ltd.
2)As a result, all branches of PMC Bank will now operate as branches of Unity Small Finance Bank Ltd. The bank is supported by Centrum Financial Services Limited and Resilient Innovation Private Limited, who have collectively invested Rs 1105.10 crore in the bank.