Live Breaking News & Updates on மார்கோ கோன்ஸ்

Stay updated with breaking news from மார்கோ கோன்ஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

إسبانيا تخطف فوزا قاتلا من اليابان.. وتتأهل لمواجهة البرازيل في نهائي طوكيو

إسبانيا تخطف فوزا قاتلا من اليابان.. وتتأهل لمواجهة البرازيل في نهائي طوكيو
elbalad.news - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elbalad.news Daily Mail and Mail on Sunday newspapers.

Olympics Tokyo , Stadium Saitama , ஒலிம்பிக்ஸ் டோக்கியோ ,

RBI cancels licence of Goa based Madgaum Urban Co-op Bank


RBI cancels licence of Goa based Madgaum Urban Co-op Bank
Public interest would be adversely affected if the bank continues: RBI
In an order dated July 27
th, 2021 the Reserve Bank of India has cancelled the licence of The Madgaum Urban Co-operative Bank Limited, Margao, Goa. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 29, 2021.
The Office of Registrar of Cooperative Societies, Goa has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank cancelled the licence of the bank as the bank does not have adequate capital and earning prospects leading to its inabilities in complying with several provisions of the Banking Regulation Act. ....

Madgaum Urban Bank , Office Of Registrar Cooperative Societies , Credit Guarantee Corporation , Reserve Bank , Madgaum Urban Co Operative Bank Limited , Cooperative Societies , Banking Regulation , Deposit Insurance , Guarantee Corporation , Rupees Five , அலுவலகம் ஆஃப் பதிவாளர் கூட்டுறவு சமூகங்கள் , கடன் உத்தரவாதம் நிறுவனம் , இருப்பு வங்கி , கூட்டுறவு சமூகங்கள் , வங்கி ஒழுங்குமுறை , வைப்பு காப்பீடு , உத்தரவாதம் நிறுவனம் , ரூபாய் ஐந்து ,

Goa-based Madgaum Urban Cooperative Bank's License Cancelled by RBI


Goa-based Madgaum Urban Cooperative Bank’s License Cancelled by RBI
Moneylife Digital Team
30 July 2021
The Reserve Bank of India (RBI) has cancelled the license of Goa-based Madgaum Urban Cooperative Bank, with effect from 29 July 2021. This bank is latest to add to a long list of badly-run banks whose licenses have been cancelled by the RBI after their poor performance.
 
The banking regulator said the decision was taken as the Bank does not have adequate capital and earning prospects, and it would be unable to pay its present depositors in full in its present financial position.
 
“The RBI has, vide order dated 27 July 2021 cancelled the license of The Madgaum Urban Cooperative Bank, Margao, Goa. Consequently, the Bank ceases to carry on banking business, with effect from the close of business on 29 July 2021,” RBI says in a release. ....

Madgaum Urban Cooperative Bank , Registrar Of Cooperative Societies At Goa , Credit Guarantee Corporation , Reserve Bank , Goa Based Madgaum Urban Cooperative Bank , Cooperative Societies , Deposit Insurance , Guarantee Corporation , Banking Regulation Act , கடன் உத்தரவாதம் நிறுவனம் , இருப்பு வங்கி , கூட்டுறவு சமூகங்கள் , வைப்பு காப்பீடு , உத்தரவாதம் நிறுவனம் , வங்கி ஒழுங்குமுறை நாடகம் ,