Announcing the willingness to merge with Rupee Bank, Saraswat Bank chairman Eknath Thakur said on Tuesday that the entire process could be completed within two months if Reserve Bank of India (RBI) gives its nod. Addressing a convention of Rupee Bank employees, elected representatives and Saraswat Bank officials organised by Bank Employees Union, Thakur said, “Employees involved in any kind of irregularity would be retrenched immediately during the merger. We have successfully merged seven banks before. Hence, I am confident about the merger with Rupee Bank.”.......
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