Saraswat seeks RBI approval to acquire New India Cooperative Bank
- Posted on July 2, 2025
- By Business News Today
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Saraswat seeks RBI approval to acquire New India Cooperative Bank

Saraswat Cooperative Bank has requested RBI's approval to acquire New India Cooperative Bank, aiming to alleviate the financial distress of thousands of depositors facing restricted access to their savings due to an RBI moratorium.