RBI Co-operative Bank Merger Update
January 2025 Notification Details
The Reserve Bank of India (RBI) periodically issues notifications regarding the amalgamation of co-operative banks to ensure financial stability and protect depositors' interests.
Merger Announcement
As per the RBI's notification dated January 2025, the following two co-operative banks have been merged:
- National Co-operative Bank
- Cosmos Co-operative Bank
Conclusion
Therefore, the merger involves the National Co-operative Bank and Cosmos Co-operative Bank.
Important Questions from Acquisitions and Merger
Which among the following banks merged with the Indian Bank with effect from April 2020?
Which e-commerce company acquired 25% stake in mobile commerce firm Paytm?
Which one of these is the parent company of Google?
Which of the following acquired the licence from Green Gold Licensing & Merchandising India Pvt. Ltd. to manufacture and distribute action figures of Chhota Bheem?
In November 2020, Mercedes-Benz collaborated with ______ to offer financial benefits to potential HNI (High Net Worth Individual) customers.
