Business

RBI cancels licence of Sarvodaya Co-operative Bank in Mumbai over inadequate capital, financial concerns
The Reserve Bank of India (RBI) has cancelled the licence of Sarvodaya Co-operative Bank Ltd., Mumbai, citing inadequate capital, poor earning prospects and concerns over the interests of depositors.




More from Business

FITTR Launches ‘NO B S Inside’ Revolutionizing Preventive Healthcare with Science-Backed Everyday Nutrition
Pune (Maharashtra) [India], May 13: FITTR, India's pioneering preventive healthcare ecosystem with over 4.5 lakhs+ successful transformations, today unveiled NO B S…

Depleting iron ore quality, decarbonisation biggest challenges for steel industry: Former Steel Secretary
Former Steel Secretary and Director at Jindal Steel Ltd, Sanjay K Singh, on Wednesday said the Indian steel industry is facing major…

Hon’ble Union Minister Shri Piyush Goyal Joins Go Dharmic Food Distribution Drive in Mumbai
Mumbai (Maharashtra) [India], May 13: On the occasion of Mother's Day, the Go Dharmic team organised a community food distribution drive at…

Global Leader SharkNinja Partners with Chef Kunal Kapur to Transform the Indian Kitchen
Mumbai (Maharashtra) [India], May 13: Shark, America's No. 1 Homecare and Beauty Brand, and Ninja, America's No. 1 Small Kitchen Appliance Brand,…

OG Navratri – 3000+ Surat’s Most Powerful HNI Clients Under One Roof for 10 Nights
New Delhi [India], May 13: Navratri in Surat is set to witness a striking transformation this season as OG Navratri returns with…

RuPay Credit Card Benefits You’re Probably Missing Out On
New Delhi [India], May 13: A RuPay Credit Card is widely recognised for its easy access and seamless UPI integration, yet many…