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Banking Regulation Act 1949

RBI Cancels Licence Of Solapur-Based Laxmi Co-Operative Bank

As per the data submitted by the cooperative bank, more than 99 per cent of the depositors are entitled to receive full amount of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC), the RBI said...

22 September 2022

RBI Imposes Restrictions, Withdrawal Caps On Four Co-Operative Banks

The restrictions came into effect after the close of business on Friday and will remain in force for six months, the Reserve Bank said in a statement

09 July 2022

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