The Reserve Bank of India (RBI) has proposed a new methodology for calculating banks’ Marginal Cost of Funds Based Lending Rate (MCLR), using a three-month […]
Tag: Banking Regulation
RBI proposes easier approval norms for institutional bank stake acquisitions
The Reserve Bank of India (RBI) has proposed amendments to simplify the approval process for institutional investors seeking to acquire or increase major shareholding in […]
RBI approves merger of National Co-operative Bank with Cosmos Co-operative Bank
The Reserve Bank of India (RBI) recently announced the approval of the voluntary merger of The National Co-operative Bank, Bangalore, Karnataka, with Cosmos Co-operative Bank, […]