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RBI bars People’s Co-operative Bank from fresh lending, accepting deposits, BFSI News, ET BFSI

Mon Jun 15 , 2020
Reserve Bank of India on June 11, 2020 barred the People’s Co-operative Bank based in Kanpur, Uttar Pradesh, from carrying out any fresh lending, borrowing of funds or from accepting fresh deposits or disbursing payments. The move has been taken in view of the weak financial position the bank currently […]

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