A worker walks past the logo of Reserve Bank of India inside its office in New Delhi. | Anushree Fadnavis/Reuters The Reserve Bank of India on Saturday said it cancelled the licence of Mumbai-based ...
RBI has cancelled CKP Co-operative Bank's licence. CKP Co-operative Bank News: The Reserve Bank of India (RBI) on Saturday cancelled the license of Mumbai-based CKP Co-operative Bank. The RBI, in a ...
The Reserve Bank of India on Sunday said 99.2 percent of The CKP Co-operative Bank's 1.32 lakh customers will be eligible for full recovery of their funds under the DICGC scheme when the bank is ...
Mumbai: With savings of close to ₹6 lakh in CKP Co-operative Bank, 53-year-old Pradeep Kumar Mishra is among the 1,130 customers who stand to lose out from RBI’s decision to liquidate the bank after ...
The RBI has said that of the 1.3 lakh depositors of CKP Co-operative Bank, about 99.2% will get full payment of their deposits from the Deposit Insurance and Credit Guarantee Corporation. This is the ...
Troubles at CKP had been brewing for many years before the regulator cancelled its licence. In May 2020, Mumbai-based PR Toraskar’s world fell apart. India was just over a month into the COVID ...