In A First, A Co-Operative Bank May Convert To A Small Finance Lender
A person signs documents at a rural office of ICICI Bank in Chincholi, India (Photographer: Santosh Verma/Bloomberg News)

In A First, A Co-Operative Bank May Convert To A Small Finance Lender

Shivalik Mercantile Co-operative Bank Ltd. will be the first cooperative bank to transition to a small finance bank structure under the Reserve Bank of India’s voluntary transition scheme.The centr...
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