Source image: google.com The Reserve Bank of India (RBI) has recently announced an extension of the deadline for exchanging or depositing Rs 2000 banknotes. This decision carries significant implications for individuals and entities holding these notes. In this article, we will explore the new deadline, the procedures involved, and the key FAQs to ensure a…
Source image: google.com In a strategic move aimed at coping with the competitive pressures of the banking landscape, Cosmos Bank announced the merger of Sahebrao Deshmukh Co-operative (SDC) Bank into its operations. This voluntary merger will see Cosmos Bank gaining 11 additional branches, further solidifying its presence in the financial sector. With this merger, Cosmos…
Source image: google.com RBI’s Shocking Move: Customers Restricted to Withdraw Only ₹50,000 from Co-operative Bank Accounts In a recent announcement, the Reserve Bank of India (RBI), the regulatory authority for all banks in India, has delivered a major blow to Color Merchants Co-operative Bank. As a result, customers of this bank will now face strict…
