Saraswat Co-operative Bank, India's largest urban cooperative bank, has approached the Reserve Bank of India (RBI) for the amalgamation of New India Co-operative Bank.

The voluntarily amalgamation subject to approval of shareholders of both banks. Saraswat Co-operative Bank will be taking ...

Reserve Bank of India has announced the appointment of Shri Kesavan Ramachandran as the new Executive Director. He will ...

The per capita debt of individual borrowers has grown from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025 at an ...

Despite the Reserve Bank of India withdrawing Rs 2000 notes in May 2023, Rs 6,099 crore worth of these notes remain in ...

Despite RBI's withdrawal, Rs 6,099 crore worth of Rs 2000 notes remain in circulation. Learn about the deadline for exchange ...

The scheme of amalgamation will be put in front of the shareholders of both banks, and once they approve, it will go to the ...

Saraswat Co-operative Bank rescues New India Co-operative Bank, aiming to protect depositors through voluntary amalgamation ...

Despite the Reserve Bank of India's (RBI) 100-basis-point repo rate cut in 2025, Non-Banking Financial Companies (NBFCs) are ...

RBI reports 7.2% sales growth for FY25 in private firms, with higher input costs and moderate profit margins across ...

The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising from ₹ 3.9 lakh in March 2023 to ₹ 4.8 lakh in March 2025, according to the ...