RBI cancels license of City Co-op Bank; ignores merger bid by Cosmos
The Reserve Bank of India cancelled the license of Mumbai based City Cooperative Bank on Wednesday, dashing the hopes of ...
Tag: Amalgamation
Unity SFB gives a lollipop of 7% interest
The newly-formed Unity Small Finance Bank has asked retail depositors of the erstwhile PMC Bank to park with it the ...
NCUI welcomes PMC Bank’s merger; seeks justice for depositors
NCUI President Dileep Sanghani has welcomed the merger of PMC Bank with Unity Small Finance Bank. However, he said that ...
PMC amalgamation on; Directions extended
RBI has extended Direction on Punjab and Maharashtra Cooperative Bank for a further period from January 1, 2022 to March ...
UCB fraternity welcomes RBI’s move on amalgamation
The RBI guidelines for the amalgamation of urban cooperative banks have mostly been welcomed by the urban cooperative banking fraternity. ...
