March 27, 2017 2:43 PM ET

Banks

Company Overview of Nagaland Rural Bank

Company Overview

Nagaland Rural Bank operates as a regional rural bank which provides financial services including loans and deposits. The company is based in Kohima, India.

Opposite War Cemetery

Kohima,  797 001

India

Phone:

91 22 2202 9456

Fax:

91 22 2274 2431

Key Executives for Nagaland Rural Bank

Nagaland Rural Bank does not have any Key Executives recorded.

Nagaland Rural Bank Key Developments

SBI Reportedly To Merger Five Banks

Five regional rural banks (RRBs) in the Northeast under the sponsorship of State Bank of India (NSEI:SBIN) (SBI) are reportedly to soon be merged. The five RRBs are Arunachal Pradesh Rural Bank, Meghalaya Rural Bank, Mizoram Rural Bank, Nagaland Rural Bank and Langpi Dehangi Rural Bank (based in Assam), said a source close to the development. The proposal was recently made by SBI, which has asked the RRBs to seek board approvals. The merger requires approval by the state and central governments. SBI holds a 35% stake, the Centre 50%, and the respective state government 15% in each of the five RRBs. SBI could not be reached for comments.

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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