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In 2015, Kotak Mahindra General Insurance, a wholly-owned subsidiary of Kotak Mahindra Bank, started operations after receiving IRDAI's approval. [23] In 2016, Bharti Airtel and Kotak Mahindra Bank started an 80:20 joint venture called Airtel Payments Bank. [24] In 2016, Kotak Mahindra Bank acquired BSS Microfinance for ₹ 139.2 crore (US$20. ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, 6 PBs, 43 RRBs, and 2 LABs.
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
A District Co-operative Central Bank (DCCB) is a rural cooperative bank operating at the district level in various parts of India. [ 1 ] [ 2 ] It was established to provide banking to the rural hinterland for the agricultural sector with the branches primarily established in rural and semi-urban areas.
Solapur district (Marathi pronunciation: [solaːpuːɾ]) is a district in Maharashtra state of India. The city of Solapur is the district headquarters. It is located on the south east edge of the state and lies entirely in the Bhima and Seena basins. [2] The entire district is drained by the Bhima River. [3]
On 1 December 1990, Cosmos Bank received the Scheduled status and within a short span of just 7 years, on 28 November 1997 the Bank was awarded the 'Multi-State' status. The Cosmos Bank is operative in 7 States of India, viz., Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Andhra Pradesh, Telangana and Tamil Nadu through its 140 branches.
Kumbhari is a village in Solapur district, Maharashtra, India. It lies on the suburbs of Solapur , about 12 kilometres east of the city center. As per the 2011 census, the village had a population of 31,044.
Maharashtra is an Indian state that was formed on 1 May 1960 with 26 initial districts. Since then, 11 additional districts have been created, the most recent of which is Palghar district. The state currently has 36 districts. These districts are grouped into six administrative divisions shown below. Maharashtra with all of its districts