RBI cancels licence of Jai Prakash Narayan Nagari Sahakari Bank
The Reserve Bank of India (RBI) has cancelled the licence of Jai Prakash Narayan Nagari Sahakari Bank Basmathnagar, Maharashtra, as the lender, given its present financial position, would be unable to pay its present depositors in full.
Want to receive such news items in your inbox? Click Here to sign up for a trial.