திசைகள் க்கு சுதந்திரம் வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RBI has issued certain Directions to Independence Co-operative Bank Limited, Nashik, whereby, as from the close of business on February 10, 2021, the Chief Executive Officer of the UCB is restricted to carry several banking operations.
These include renewal of any loans and advances, making any investment, incurring any liability including borrowal of funds and acceptance of fresh deposits, etc. However, 99.89 per cent of the depositors are fully covered by the DICGC insurance scheme.
The issue of the above Directions by the RBI should not per se be construed as cancellation of banking license by RBI. The bank will continue to undertake banking business with restrictions till its financial position improves. ....

Directions To Independence Bank , Independence Co Operative Bank Limited , Chief Executive Officer , Co Op News Snippets , திசைகள் க்கு சுதந்திரம் வங்கி , சுதந்திரம் இணை செயல்பாட்டு வங்கி வரையறுக்கப்பட்டவை , தலைமை நிர்வாகி அதிகாரி , இணை ஓப் செய்தி துணுக்குகள் ,