The Reserve Bank on Wednesday said it has cancelled the licence of Ahmedabad-based ‘Colour Merchants Co-operative Bank’ as ...

Registrar of Cooperative Societies, Gujarat, has also been requested to issue an order for winding up the bank and appoint a ...

RBI further said as per the data submitted by the co-operative bank, about 98.51 per cent of the depositors are entitled to ...

Reserve Bank of India (RBI) has cancelled the licence of Ahmedabad-based Colour Merchants Co-operative Bank due to inadequate capital and earning prospects. The bank's licence cancellation means ...

From the list of bank holidays to every rule related to the account, everything is made by the Reserve Bank of India. Whenever someone violates the banking rules, action is taken against that bank by ...

Shohei Ohtani and Freddie Freeman homered in the Dodgers’ seven-run first inning, and Los Angeles held on for an 8-7 victory ...

The public interest would be adversely affected if the Bank is allowed to carry on its banking business any further,” RBI says. Due to the cancellation of its licence, Shankarrao Mohite Patil Sahakari ...