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RBI LICENSE CANCELLATION
RBI cancels licence of Mumbai-based Sarvodaya Co-operative BankThe Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's f...- SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
- Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
- Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
- RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
- RBI cancels licence of Satara-based Jijamata Mahila Sahakari BankThe Reserve Bank of India has cancelled the banking licence of Jijamata Mahila Sahakari Bank, Satara, citing inadequate capital and poor ea...
- RBI cancels registration of four NBFCs, accepts surrender of registration from 13 othersThe Reserve Bank of India (RBI) has taken significant action against non-banking financial companies (NBFCs) by cancelling the certificate ...
- RBI cancels licence of Nashik Zilla Girna Sahakari BankThe Reserve Bank of India (RBI) has cancelled the banking licence of Nashik Zilla Girna Sahakari Bank Limited due to inadequate capital and...
- RBI cancels licenses of two co-operative banksThe Reserve Bank of India (RBI) on Wednesday said it has cancelled the banking licenses of two co-operative banks in Maharashtra and Karnat...
- RBI cancels license of Pune-based Shri Anand Co-operative BankThe Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has been asked to issue an order for winding up the ba...
- No interim stay on RBI order cancelling co-op bank's licenseThe Bombay High Court has refused to grant an interim stay on operation of the order passed by the Reserve Bank of India cancelling the lic...
- Failed CKP Co-operative Bank depositors among first beneficiaries of higher deposit coverThe bank which was under RBI's administration since 2014, failed to come up with a satisfactory revival plan, after which the banking regul...
- RBI cancels license of 56 NBFCs, Bajaj Finserv gives away licenseThe Reserve Bank of India has cancelled a bulk of non-banking financial companies as those mostly little-known local lenders may have eithe...
- RBI cancels licenses of six Delhi-based NBFCsFollowing the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution...
- RBI cancels registration certificate of Dectsche SecuritiesRBI said it has cancelled the certificate of registration of the NBFCs for carrying on the business of non-banking financial institution.
- RBI cancels license of S K Patil BankThe Reserve Bank of India (RBI) has cancelled the license of S K Patil Bank in Kurudwad.
- RBI cancels license of Sant Janabai Nagari Sahakari BankThe Reserve Bank of India on Wednesday said it has cancelled the license of Maharashtra-based Sant Janabai Nagari Sahakari Bank, as it had ...
- RBI cancels license of a co-op bankRBI has cancelled the license of Maharashtra-based Chetak Urban Co-Operative Bank and allowed its customers to claim deposits up to Rs 1 la...
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