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Cosmos Bank

Cosmos Co-operative Bank halts acquisitions; targets organic growth

So far, the bank has merged 18 small co-operative banks into itself

Cosmos Co-operative Bank halts acquisitions; targets organic growth
Updated On : 28 May 2024 | 10:29 PM IST

Cosmos Coop Bank merges Sahebrao Deshmukh Co-op Bank with itself

Cosmos would have 170 branches in seven states across India

Cosmos Coop Bank merges Sahebrao Deshmukh Co-op Bank with itself
Updated On : 26 Sep 2023 | 11:22 PM IST

Cosmos Coop Bank eyes more M&As in UCB space after Maratha Sahakari deal

Strategy forms part of lender's aim to expand its network to 200 branches

Cosmos Coop Bank eyes more M&As in UCB space after Maratha Sahakari deal
Updated On : 29 May 2023 | 8:47 PM IST

Rupee Cooperative Bank set to explore merger proposal, SFB conversion

On August 8, the RBI had ordered cancellation of the banking licence of the ailing UCB from September 22. The high court will take up the matter on October 17

Rupee Cooperative Bank set to explore merger proposal, SFB conversion
Updated On : 23 Sep 2022 | 9:30 PM IST

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, Cosmos to seek RBI approval for universal banking licences
Updated On : 27 Jan 2020 | 2:32 AM IST

Cosmos Bank Rs 940-mn cyber hack: Money withdrawn from 28 nations, say cops

The cyber cell's aim now is to find out the 'money mules' who were used to withdraw the money using ATMs in foreign countries

Cosmos Bank Rs 940-mn cyber hack: Money withdrawn from 28 nations, say cops
Updated On : 24 Aug 2018 | 11:05 PM IST

NPCI blames Cosmos for the bank's Rs 940 million loss in Malware attacks

The Indian banking industry went in shudders on Tuesday after the Cosmos Bank admitted that it fell victim to an international group of hackers

NPCI blames Cosmos for the bank's Rs 940 million loss in Malware attacks
Updated On : 15 Aug 2018 | 1:52 PM IST

Cosmos Bank hit by Rs 940 mn cyber hack; probe finds Hong Kong as source

The unidentified hackers had executed money transfers on two separate occasions -August 11 and August 13- which raises the question of why pro-active measures were not taken on the first night itself

Cosmos Bank hit by Rs 940 mn cyber hack; probe finds Hong Kong as source
Updated On : 14 Aug 2018 | 10:20 PM IST