The Reserve Bank of India has canceled the license of The Durga Co-operative Urban Bank, based in Vijayawada, due to inadequate capital and earning prospects. The bank will cease operations on November 12, 2024. Depositors will receive insurance claims up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC). Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
