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Social media hype around cooperative banks: Here s what depositors should know

Social media hype around cooperative banks: Here s what depositors should know
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BIG ACTION! RBI Cancels Licence Of This Bank! Did You Open Account In It?

On liquidation, it said every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC). "As per the data submitted by the bank, 99.98 per cent of the depositors are entitled to receive full amount of their deposits from DICGC,” the press release read., Companies News, Times Now

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This UP-based co-operative bank s business ceases as RBI cancels the licence

The Reserve Bank of India has cancelled the licence of a Uttar Pradesh-based co-operative bank due to lack of capital and earning prospects.

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RBI penalizes four co-op banks; extends Directions on two

While four Co-op Banks have been levied with penalties totalling more than Rs 44 lakhs by the RBI, the other

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RBI extends Direction on five UCBs for 3 months each this week

This week the RBI has extended the Directions on five urban cooperative banks namely Lucknow based

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