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March 3, 2022
RBI has cancelled the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra. Consequently, the bank ceases to carry on banking business, with effe
March 2, 2022
The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it has failed to comply with the regulations and does not have adequate capital and earning prospects.
March 2, 2022
The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it h
February 17, 2022
The Reserve Bank of India has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently,
February 4, 2022
The Reserve Bank of India has cancelled the licence of Independence Co-operative Bank Ltd., Nashik, Maharashtra. Consequ
July 30, 2021
RBI cancels licence of Goa based Madgaum Urban Co-op Bank Public interest would be adversely affected if the bank continues: RBI In an order dated July 27 th, 2021 the Reserve Bank of India has cancelled the licence of The Madgaum Urban Co-operative Bank Limited, Margao, Goa. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 29, 2021. The Office of Registrar of Cooperative Societies, Goa has also been requested to issue an order for windi...
June 2, 2021
Reserve Bank of India has, through and order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharas
May 31, 2021
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May 13, 2021
Source: Reserve Bank of India Today, the Reserve Bank of India (RBI) has, vide order dated May 10, 2021 cancelled the licence of United Co-operative Bank Ltd., Bagnan, West Bengal. Consequently, the bank ceases to carry on banking business, with effect from the close of business on May 13, 2021. The Registrar of Cooperative Societies, West Bengal has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the...
April 23, 2021
RBI cancels licence of Bhagyodaya Friends UCB; 98% depositors to get money Continuance of bank prejudicial to interests of depositors: RBI The Reserve Bank of India has cancelled the licence of Bhagyodaya Friends Urban Co-operative Bank Limited, Warud, based in Amravati, Maharashtra. โConsequently, the bank ceases to carry on banking business, with effect from the close of business on April 22, 2021โ, reads a RBI release. The Commissioner for Cooperation and Registrar of Cooperative Societi...