RBI Cancels Licence Of Kapol Cooperative Bank In Mumbai menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) has cancelled the licence of the Kapol Co-operative Bank Limited, Mumbai.Consequently, the bank ceases to carry on banking business, with effect from the close of business on September 25, 2023.The Additional .
The Reserve Bank of India (RBI) has cancelled the license of the Kapol Co-operative Bank Limited. This means that the bank is no longer allowed to do any banking business, including accepting or repaying deposits.