RBI cancels the licence of Independence Co-operative Bank Limited, Nashik, Maharashtra
The Reserve Bank of India cancelled the licence of Nashik-based Independence Co-operative Bank Ltd and began the process for winding it up following the erosion of the bank’s capital. The bank has stopped operation from the close of business on February 3, putting depositors of the bank in trouble. Reason for license cancelation: The major reason for the cancellation of […]
RBI cancels the licence of Independence Co-operative Bank Limited, Nashik, Maharashtra Read More »










