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Current Affairs - 2021
Which of the following bank licence has been cancelled by the Reserve Bank of India recently?
A)
Bharati Sahakari Bank
B)
Dombivli Nagari Sahakari Bank Limited
C)
Citizen Credit Cooperative Bank Limited
D)
Madgaum Urban Co-operative Bank Limited

Correct Answer :   Madgaum Urban Co-operative Bank Limited


The Reserve Bank of India has cancelled the licence of Madgaum Urban Co-operative Bank Limited, Margao, Goa, as the bank with its current financial position would be unable to pay its present depositors in full.

Published On : July 31, 2021
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