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RBI cancels licence of Hiriyur Urban Co-op bank with immediate effect

RBI cancels licence of Hiriyur Urban Co-op bank with immediate effect
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Yogesh dayalHiriyur urban bank ltd in karnatakaRegistrar of cooperative societiesHiriyur urban bank ltdHiriyur urban bankCredit guarantee corporationReserve bankHiriyur urban co operative bank ltdCooperative societiesUrban co operative bankBanking regulation actChief general managerDeposit insuranceGuarantee corporation

Faiz Mercantile Co-op Bank & Musiri Urban Co-op Bank lose licence

Just at the close of the year 2023, the Reserve Bank of India had to cancel the licences of two of the urban

Tamil naduBhagwat karadFaiz mercantile cooperative bank ltdMusiri urban bankRegistrar of cooperative societiesFaiz mercantile cooperative bankCredit guarantee corporationReserve bankMusiri urban co operativeUnion ministerFinance bhagwatCooperative societiesBanking regulation actDeposit insuranceUrban co operative bankFrom states

Faiz Mercantile Co-op Bank & Musiri Urban Co-op Bank lose licence

Just at the close of the year 2023, the Reserve Bank of India had to cancel the licences of two of the urban

Tamil naduBhagwat karadFaiz mercantile cooperative bank ltdMusiri urban bankRegistrar of cooperative societiesFaiz mercantile cooperative bankCredit guarantee corporationReserve bankMusiri urban co operativeUnion ministerFinance bhagwatCooperative societiesBanking regulation actDeposit insuranceUrban co operative bankFrom states

RBI hikes bulk deposit limit for urban co-operative banks in tier 3, 4 cities

For urban cooperative banks not based in tier 3 and 4 cities, the bulk deposit limits would be

Reserve bankScheduled primaryCo operative banksReserve bank of indiaUrban co operative bank

RBI cancels license of UP-based Urban Co-operative Bank

As per the data submitted by the bank, 98.32 percent of the depositors are entitled to receive full amount of their deposits from DICGC, the RBI said.

Uttar pradeshSatya prakash pathakMillath cooperative bankUttar urban bankRupee cooperative bankLaxmi cooperative bankMudhol cooperative bankRegistrar cooperative societiesShri anand cooperative bankCredit guarantee corporationShankarrao pujari nutan nagari sahakari bankDeccan urban cooperative bankBabaji date mahila urban bankSeva vikas cooperative bankAbhyudaya cooperative bankReserve bank

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