Kerala Bank Current Affairs, GK & News

Kerala govt gets RBI’s nod for formation of Kerala Bank

The Reserve Bank of India (RBI) has given its final nod to Kerala Government for the formation of Kerala Bank. The final nod by RBI was subjected to certain conditions. RBI’s approval is valid only till 31 March 2020. Key Highlights The proposed Kerala Bank would be formed by merging 13 District Co-operative Banks (DCBs) ..