Thursday, July 29, 2021

RBI cancels licence of Madgaum Urban Co-operative Bank Ltd, Margao

The RBI further said that as per the data submitted by the bank, about 99 per cent of the depositors will receive full amounts of their deposits from the Deposit Insurance and Credit Guarantee Corporation (DICGC).

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-cancels-licence-of-madgaum-urban-co-operative-bank-ltd-margao/articleshow/84858599.cms

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