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Saraswat Bank approaches RBI to acquire New India Cooperative Bank
The RBI in February had prohibited New India, based in Mumbai, from issuing fresh loans and suspended deposit withdrawals for six months
RBI imposes penalties on three banks for non-compliance of norms
Bank of India suffers Rs 5 cr fine, Karnataka, Saraswat hit with Rs 1.2 cr and Rs 30 lakh penalty
Saraswat, Cosmos to seek RBI approval for universal banking licences
The two leading urban co-operative banks (UCBs) - with over 100 years of history each - will be the first to seek the central bank's nod after the revisit of regulations pertaining to the sector
Saraswat Bank donates Rs 1 cr relief for drought in Maharashtra
Prevailing drought situation has been a major problem causing shortage of water across the country
