Explaining in detail about the voluntary merger of Maratha Sahakari Bank into Cosmos Bank, Cosmos Bank Chairman CA Kale informed that the deposits of Rs. […]
Tag: rbi
Centre in talks with banks on transfer of attached assets
The Centre is in discussions with banks to work out a regulatory mechanism to transfer assets attached by various investigative agencies to a buyer or […]
Bank of Maharashtra top performer in NPA management during FY23
Bank of Maharashtra (BoM) has emerged as the best bank as far as management of bad loans is concerned with its net non-performing assets (NPAs) […]
RBI approves the voluntary amalgamation of Maratha Sahakari Bank Ltd., Mumbai with The Cosmos Cooperative Bank Limited, Pune
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, […]
RBI has appointed Mrs. Scenta Joy, CGM of Department of Regulation, RBI as Nodal Officer for UCBs
Fulfilling its promise of appointing a nodal officer for all policy issues related to Urban Co-operative Banks, the Reserve Bank of India has appointed a […]
Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23
State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms […]
Strong performance of Indian banks to continue, says S&P analyst
S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. “Indian banks’ […]
Cash withdrawals at ATMs rise 235% since 2016 demonetisation
Mumbai: Cash is still king more than 76 months after demonisation. Cash withdrawals from ATM rose 235% to ₹2.84 lakh crore at the end of […]
Bankers seek fee on RuPay debit card use
India’s high-street banks have reached out to the government seeking a merchant discount rate (MDR) on RuPay debit cards on the grounds that it will […]
‘BRICS bank off to a good start in India, states seeking project funds’
India needs a comprehensive country strategy to guide the India-NDB (New Development Bank) partnership as state authorities are now more willing to take funds from […]