📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Which cooperative bank has merged Mumbai-based troubled

      Sahebrao Deshmukh Co-operative Bank (SDC Bank) with itself & has added 11 branches to its network – 10 in Mumbai and one in Satara?
      A Saraswat Co-operative Bank Ltd Correct Answer Incorrect Answer
      B Shamrao Vithal Co-operative Bank Correct Answer Incorrect Answer
      C Cosmos Cooperative Bank Ltd. Correct Answer Incorrect Answer
      D Abhyudaya Co-operative Bank Ltd Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Cosmos Coop Bank has merged Mumbai-based troubled Sahebrao Deshmukh Co-operative Bank (SDC Bank) with itself. With this, Cosmos has added 11 branches to its network – 10 in Mumbai and one in Satara. Now, Cosmos would have 170 branches in seven states across India Cosmos Bank’s business —advances plus deposits is about Rs 31,660 crore with net owned funds in excess of Rs 2,000 crore. 

      Practice Next
      More Beepedia Questions

      Relevant for Exams:

      ask-question