RBI gives ap­proval for Ker­ala Bank

The Times of India (New Delhi edition) - - Times Business -

Thiru­vanan­tha­pu­ram: The Ker­ala gov­ern­ment’s long pend­ing dream of set­ting up its own bank, by merg­ing district cooperativ­e banks, is all set to be­come a re­al­ity with the Re­serve Bank of In­dia (RBI) giv­ing the fi­nal nod for the move. With its for­ma­tion, the pro­posed “Ker­ala Bank” will be largest bank­ing net­work in the state.

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