Tag Archives: cooperative

[ad_1] The Reserve Bank of India (RBI) on Saturday canceled the license of Mumbai-based CKP Co-operative Bank Ltd. The license of CKP Co-operative Bank Ltd was canceled with the impact of the closure of the company on April 30, 2020, because the monetary place of the financial institution had worsened. …

[ad_1] RBI Archive Image | (Photo credits: PTI) Mumbai, May 2: Fear and panic seized the clients of the CKP Cooperative Bank in Mumbai after the Reserve Bank of India (RBI) canceled the bank’s license due to poor financial health and growing debt. Reports report that the central bank revoked …