RBI okays NCBL, Cosmos Co-operative bank merger
The Reserve Bank of India has approved the merger of the National Co-operative Bank Ltd., Bangalore with Cosmos Co-operative ...
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RBI approves merger of National Co-operative Bank with Cosmos Co-op Bank
The merger would come into effect on January 6. From that day, the branches of The National Co-operative Bank will function ...
Indian banks' loan growth drops for fifth month in November as tighter lending rules weigh
Indian banks' loan growth moderated for a fifth straight month in November, central bank data showed, as lenders continued to ...
The Week1d
RBI approves HDFC Bank to invest in Kotak Mahindra Bank and others
The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...
Banks post sixth year of profit growth in FY24, bad loans decline further
At the same time, banks resorted to borrowings at higher interest rates and increased deposit rates to bridge the ...
Record 100,000 Employees Quit Govt Banks In 7 Years: Headcount Lowest In 13 Years
Public sector banks in India are witnessing a sharp decline in their workforce. Recent data from the Reserve Bank of India ...
Businessworld4d
Indian Banks' Loan Growth Slows For Fifth Consecutive Month In Nov
Indian banks' loan growth moderated for a fifth straight month in November, central bank data showed, as lenders continued to ...
The Financial Express4d
Banks’ loan growth drops for fifth straight month in November
Growth of credit to the services sector decelerated to 14.4% in November from 22.2% a year ago, primarily due to lower growth ...
RBI approves merger of National Co-operative Bank with Cosmos Co-operative Bank
The branches of The National Co-operative Bank Ltd., Bangalore (Karnataka) will function as branches of Cosmos Co-operative Bank Limited (Maharashtra) with effect from January 6, 2025, says RBI ...