RBI cancelled licence

  • RBI cancelled licence of Mudhol Co-op Bank, Bagalkot, Karnataka

    The Reserve Bank of India has cancelled the licence of "The Mudhol Co-operative Bank Limited, Bagalkot (Karnataka)", thus restricting it from repayment of deposits and acceptance of fresh funds. The bank does not have adequate capital and earning prospects, the...

    Published On June 11th, 2022