January 16, 2025

Licence of Laxmi Co-operative Bank cancelled by RBI: Depositors can claim up to Rs 5 lakh

Licence of Laxmi Co-operative Bank cancelled by RBI: Depositors can claim up to Rs 5 lakh

New Delhi, Sep 23: The licence of the Maharashtra based The Laxmi Co-operative Bank citing lack of adequate capital. Upon liquidation every depositor is entitled to receive a deposit insurance claim amount of upto Rs 5 lakh. The RBI said that

Source: India News, India Breaking News, Latest news headlines in India – Oneindia News

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