Monday, May 31, 2021

RBI cancels licence of Pune-based Shivajirao Bhosale Sahakari Bank

As per data submitted by Shivajirao Bhosale Sahakari Bank, more than 98 per cent of the depositors will receive full amount of their deposits from the Deposit Insurance and Credit Guarantee Corporation (DICGC), the RBI said in a release.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-cancels-licence-of-pune-based-shivajirao-bhosale-sahakari-bank/articleshow/83122654.cms

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