Why does RBI cancel the license of Pune-based Seva Vikas Co-operative Bank..
The license of Seva Vikas Co-operative Bank cancelled – The license of Pune-based Seva Vikas Co-operative Bank is cancelled by the Reserve Bank of India RBI. The bank ceases to carry on banking business, with effect from the close of business on October 10, 2022. Earlier in August 2022, it had cancelled the license of…
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