RBI cancels license of Maharashtra Laxmi Co operative Bank from today bank closed – Business News India

RBI Canceled Bank License: The Reserve Bank of India (RBI) on Thursday ordered another bank to be closed with immediate effect. This is the cooperative bank of Maharashtra. Its name is Maharashtra Laxmi Co-operative Bank Limited (Maharashtra’s Laxmi Co-operative Bank). RBI has informed that it has canceled the license of Lakshmi Sahakari Bank Limited of Maharashtra. As a result, बांक अब आज (22 सेप्तन) से बन्चानिक दवाष्ट करना बांड कर दिता है.

The bank regulator has requested the cooperation of the commissioner and cooperative societies, the registrar of Maharashtra to issue an order to close the bank and appoint a liquidator for the bank. Let us tell you that earlier RBI has taken strict action on several cooperative banks and today only one more Pune-based Rupee Co-operative Bank Limited (Rupee Co-operative Bank Limited) has been closed.

RBI ne kya kaha?
The central bank said that Lakshmi Co-operative Bank will close its banking business on Thursday (September 22, 2022). The Reserve Bank has clarified that the bank is not able to pay the full amount of the depositors in its current financial situation.

RBI ने कहा की बांक के पास विश्व कापित्ल अवर कामेव की सुबुमान हैन हैन है. “Thus, it does not comply with the provisions of section 11 (1) and section 22 (3) (द) of the Banking Act, 1949, published in section 56.” ক্রেন্বা ব্নান নে কান কান ক্র্যান ক্যান ক্যান ক্যান ক্র্যাত RBI said, “The bank will be unable to pay its depositors with its current financial situation. If the bank is allowed to continue its banking business, it will have an adverse effect on the public interest.” After the license was revoked, the cooperative bank was stopped from doing ‘banking’ business.

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What will happen to customers’ money?
Please note that customers of this bank will get an insurance cover of 5 lakh rupees through the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance scheme of RBI. That is, under this rule, if any bank closes due to bad financial situation, the customer will get insurance cover for deposits of up to 5 lakh rupees through DICGC. अपका बाता देन की अगर की की सक्रिय क खाटे में करोरों रुपी भी कूउन हू उसे अब 5 Lakh रूप ही तुर के आस्टर के देजेंजेंग.

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