Tag : Maharashtra-based Laxmi Co-operative Bank

BUSINESS

RBI Cancels License of Maharashtra-Based Laxmi Cooperative Bank

Neha VermaSeptember 23, 2022September 23, 2022

by Neha VermaSeptember 23, 2022September 23, 202201763

The Reserve Bank of India (RBI)announced the cancellation of the licence of Maharashtra-based Laxmi Co-operative Bank because of a shortage of capital. Every depositor would...