{"id":151463,"date":"2023-07-13T13:18:05","date_gmt":"2023-07-13T07:48:05","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=151463"},"modified":"2023-07-13T13:18:06","modified_gmt":"2023-07-13T07:48:06","slug":"rbi-cancels-licence-of-2-cooperative-banks","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/rbi-cancels-licence-of-2-cooperative-banks\/","title":{"rendered":"RBI cancels licence of 2 cooperative banks"},"content":{"rendered":"\n<p><strong>RBI cancels licence of 2 cooperative banks:<\/strong> The\u00a0Reserve Bank of India (RBI)\u00a0has\u00a0cancelled\u00a0the licence of two cooperative banks &#8212;\u00a0Sri Sharada Mahila Co-operative Bank, Tumkur, Karnataka and Harihareshwar Sahakari Bank, Wai, Satara.<\/p>\n\n\n\n<p>Reason: As the lenders do not have adequate capital and earning prospects.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/daily-current-affairs-and-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs Quiz: July 2023<\/a><\/p>\n\n\n\n<p>About&nbsp;99.96% of the depositors of Harihareshwar Sahakari Bank&nbsp;and&nbsp;97.82% of the depositors of Sri Sharada Mahila Co-operative Bank&nbsp;are entitled to receive the&nbsp;full amount of their deposits from DICGC.<\/p>\n\n\n\n<p>In the case of Sri Sharada Mahila Co-operative Bank, about 97.82 per cent of the depositors are entitled to receive the full amount of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBI cancels licence of 2 cooperative banks: The\u00a0Reserve Bank of India (RBI)\u00a0has\u00a0cancelled\u00a0the licence of two cooperative banks &#8212;\u00a0Sri Sharada Mahila Co-operative Bank, Tumkur, Karnataka and Harihareshwar Sahakari Bank, Wai, Satara. Reason: As the lenders do not have adequate capital and earning prospects. Daily Current Affairs Quiz: July 2023 About&nbsp;99.96% of the depositors of Harihareshwar Sahakari [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":151464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5133],"tags":[74,64],"class_list":["post-151463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2023","tag-bank-current-affairs","tag-reserve-bank-of-india-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/151463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=151463"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/151463\/revisions"}],"predecessor-version":[{"id":151467,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/151463\/revisions\/151467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/151464"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=151463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=151463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=151463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}