• SENSEX
    NIFTY 50
Finance

Saraswat, Cosmos to seek universal banking licences, says report

Updated : January 27, 2020 09:18 AM IST

Set up in 1918, Saraswat Bank had a total business of Rs 61,811 crore in 2018-19, while Cosmos Bank's (established 1905) was at Rs 26,952 crore.
Saraswat Bank is likely to submit its application to the RBI by the second half of 2020-21.
Cosmos Bank is currently working to strengthen its information technology systems, particularly on the payment and remittances front.
Saraswat, Cosmos to seek universal banking licences, says report

You May Also Like

Live TV
Advertisement