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Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 236)
2023-05-28 Banking
236.
The Reserve Bank of India has recently approved the merger of which two banks?
Maratha Sahakari Bank & The Cosmos Co-operative Bank
Maratha Sahakari Bank & The Bandhan Bank
Maratha Sahakari Bank & The Saraswat Co-operative Bank
Maratha Sahakari Bank & The Bharat Co-operative Bank
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has approved the voluntary Scheme of Amalgamation of Maratha Sahakari Bank with The Cosmos Co-operative Bank. The merger is set to take effect from May 29, 2023, as announced by the RBI.
Discussion:
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