Which state formed Kerala Bank by merging all DCCBs in 2019?

Question

Kerala merged 13 District Central Cooperative Banks with Kerala State Cooperative Bank in November 2019. The unified bank is called Kerala Bank. The merger received Reserve Bank of India approval in October 2019. Kerala Bank functions across all districts with over 800 branches. The process formed a two-tier cooperative credit structure in Kerala, replacing the older three-tier system comprising PACS, DCCBs, and State Cooperative Bank.

GKToday Admin · Accepted Answer

Kerala Kerala merged 13 District Central Cooperative Banks with Kerala State Cooperative Bank in November 2019. The unified bank is called Kerala Bank. The merger received Reserve Bank of India approval in October 2019. Kerala Bank functions across all districts with over 800 branches. The process formed a two-tier cooperative credit structure in Kerala, replacing the older three-tier system comprising PACS, DCCBs, and State Cooperative Bank.

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