RBI Cancels the Licence of Maharashtra-Based Independence Co-Operative Bank
RBI in its statement said that “Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 03, 2022".
Reserve Bank of India (RBI) on Thursday has cancelled the licence of Independence Co-Operative Bank in Nashik. RBI in its statement said that “Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 03, 2022".
#RBI cancels the licence of Independence Co-operative Bank, Nashik@RBI #Banking pic.twitter.com/lkCsPhfRV7
— ET NOW (@ETNOWlive) February 3, 2022
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(The above story first appeared on LatestLY on Feb 03, 2022 07:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
