US EditionBank License Cancelled: RBI canceled the license of this bank, do you have an account in it?
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Bank License Cancelled: RBI canceled the license of this bank, do you have an account in it?
The Reserve Bank of India (RBI) has cancelled the license of Lucknow’s HCBL Co-operative Bank. The central bank said that the bank does not have sufficient capital and earning prospects, due to which its license has been cancelled. RBI said that the bank has stopped functioning from the evening of 19 May. The Cooperative Commissioner and Registrar of Uttar Pradesh has also been requested to issue an order to close the bank and appoint a liquidat…
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