Facebook Pixel Saraswat, New India merger gets RBI nod | Mint Bangalore - newspaper - इस कहानी को Magzter.com पर पढ़ें
मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

Saraswat, New India merger gets RBI nod

Mint Bangalore

|

July 02, 2025

Saraswat Bank will take over NICBL's assets and liabilities by Aug-Sep 2025, aiming to protect depositor interest

- Abirami Sekar

Saraswat Co-operative Bank Ltd said on Tuesday it will acquire the beleaguered New India Co-operative Bank Ltd (NICBL), in a relief to depositors who were unable to fully access their funds after the central bank imposed restrictions following a ₹122-crore scam.

The Reserve Bank of India (RBI) has given its in-principle approval after Saraswat Bank approached the central bank with its proposal for the amalgamation, and a final nod will depend on the shareholders of both banks.

Mint Bangalore

यह कहानी Mint Bangalore के July 02, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Mint Bangalore से और कहानियाँ

Mint Bangalore

Mint Bangalore

Railways plans ₹40,000-cr wagon tender for 100k units

The planned purchase is meant to help wagon makers fully utilize their expanded capacity

time to read

2 mins

May 25, 2026

Mint Bangalore

Train blast kills 24 in Balochistan

A blast targeting a train carrying military personnel killed at least 24 people on Sunday in Pakistan's turbulent south-western province of Balochistan, a senior official said.

time to read

1 min

May 25, 2026

Mint Bangalore

How NPS's 2026 withdrawal rules are changing retirement planning

Subscribers can now choose between systematic payout rate and systematic unit redemption drawdown options

time to read

4 mins

May 25, 2026

Mint Bangalore

Mint Bangalore

H-1B curbs will force India IT firms to rethink US staffing

H-1B visa approvals for India’s top six IT firms fell 40% year-on-year to 11,041 as of 31 March

time to read

3 mins

May 25, 2026

Mint Bangalore

LIC's valuation a mirage?

Life Insurance Corp. of India (LIC) has outpaced private sector peers on a key metric. In Q4FY26, its annualized premium equivalent (APE)—calculated by adding regular premium and one-tenth of single premium—rose 22% to ₹22,954-crore. Axis Max Life Insurance was next at 18%.

time to read

2 mins

May 25, 2026

Mint Bangalore

Mint Bangalore

The rupee is facing an exogenous shock: let's respond accordingly

Capital outflows can overwhelm the fundamentals of an economy but India’s focus should be on appropriate policy responses

time to read

4 mins

May 25, 2026

Mint Bangalore

India, US discuss West Asia, trade

US secretary of state Marco Rubio held talks with foreign minister S. Jaishankar on Saturday, as the two sides discussed West Asia, trade, visas, maritime security and energy supplies, while Washington cited progress on efforts to resolve the Iran conflict.

time to read

1 min

May 25, 2026

Mint Bangalore

One of the most famous motivational stories is a myth

When motivational gurus say ‘believe in yourself,’ they mean delude yourself. But it works.

time to read

4 mins

May 25, 2026

Mint Bangalore

RBI feels Re may be undervalued now

After depreciation, it may not be overvalued: Governor Malhotra

time to read

2 mins

May 25, 2026

Mint Bangalore

Mint Bangalore

War, weaker rupee hit India’s travel firms as demand eases

Online travel giants like MakeMyTrip, ixigo, Yatra see dip in air ticketing revenue

time to read

3 mins

May 25, 2026

Listen

Translate

Share

-
+

Change font size