While the Karnataka State Co-operative Apex Bank was levied a hefty penalty this week, by the RBI, there areaWhile the Karnataka State Co-operative Apex Bank was levied a hefty penalty this week, by the RBI, there are
RBI said that the penalties imposed on the co-operative bank has been done taking into account the failure of the bank to adhere to the aforesaid directions issued by the regulator.
The Reserve Bank of India has imposed restrictions, including on withdrawals, on four cooperative banks: Saibaba Janata Sahakari Bank, The Suri Friends Union Co-operative Bank Ltd, National Urban Co-operative Bank Ltd, and United India Co-operative Bank Limited.
RBI imposes restrictions, including on withdrawals on THESE 4 co-operative banks; check here freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.