Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India on Monday said it has cancelled the licence of Pune-based The Seva Vikas Co-operative Bank Ltd because of the company's earnings prospects and lack of capital.
New Delhi [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of The Laxmi Co-operative Bank Limited, Solapur, Maharashtra.
Mumbai (Maharashtra) [India], August 27 (ANI): Pune-based Rupee Co-operative Bank Limited will cease to carry on banking business from September 22, 2022, the Reserve Bank of India (RBI) has said.
Mumbai (Maharashtra) [India], July 3 (ANI): Private sector lender Axis Bank is fully winding down and closing operations of its subsidiary in Britain as it focuses on the Indian banking sector.
New Delhi, Aug 2 (ANI): The Reserve Bank of India (RBI) on Monday released guidelines for 'on tap' licensing of universal private sector banks under which the applicants can apply for a banking licence anytime as opposed to a limited-period window that the central bank previously u