RBI canceled the license; RBI canceled the license of Ghazipur’s Purvanchal Cooperative Bank
RBI canceled the license;On liquidation, every depositor shall be liable to pay the deposit amount to the Deposit Insurance and Credit Guarantee Corporation (DICGC) The bank will be entitled to receive deposit insurance claim amount on its deposits up to Rs 5 lakh only. The Reserve Bank has cancelled the licence of Purvanchal Sahakari Bank, … Read more
