RBI cancels License of 95 year old Andhra Pradesh-Durga Co-operative Urban Bank

[jetesh]

The Reserve Bank of India has canceled the license of The Durga Co-operative Urban Bank, based in Vijayawada, Andhra Pradesh, due to inadequate capital and earning prospects. The bank will cease operations on November 12, 2024.

 

[Tonymathew]

But Y ?

 

[jetesh]

But Y ?

Adani ji ne loan apply kiya tha ..... reject kardiya isliye 😛 😀

 

[Tonymathew]

Adani ji ne loan apply kiya tha ..... reject kardiya isliye 😛 😀

End mein mobikwik se bhi vo loan maangega kya? Har jagah se le raha hai mamu.