Tuesday, December 8, 2020

Reserve Bank of India cancels license of Maharashtra's Karad Janata Sahakari Bank

More than 99 per cent of the depositors of the bank will get full payment of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC), the Reserve Bank said in a statement.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-cancels-license-of-maharashtras-karad-janata-sahakari-bank/articleshow/79627922.cms

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