Follow Us:
Thursday, February 27, 2020

Kerala Bank gets RBI approval, to begin services from November 1

The Kerala Bank will be set up by merging all 13 District Cooperative Bank (DCB) with the Kerala State Cooperative Bank (KSCB).

By: Express Web Desk | New Delhi | Updated: October 10, 2019 7:48:10 am
Kerala Bank gets RBI approval, to begin services starting November 1 The Kerala Bank will begin its services from November 1 to coincide with the Kerala Piravi Day.

The Reserve Bank of India has accorded approval to the Kerala government to set up the Kerala Bank, State Minister for Cooperation Kadakampally Surendran said on Wednesday.

The Kerala Bank will begin its services from November 1 to coincide with the Kerala Piravi Day. It will be set up by merging all 13 District Cooperative Bank (DCB) with the Kerala State Cooperative Bank (KSCB).

Read in Malayalam

The Kerala Bank, which will have the state’s largest banking network, was one of the major promises of LDF when it came to power in May 2016.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest India News, download Indian Express App.

0 Comment(s) *
* The moderation of comments is automated and not cleared manually by indianexpress.com.
Advertisement
Advertisement
Advertisement
Advertisement