………Officials said Reserve Bank of India's clearance was required for revival of the bank as a society or again to start banking operations. However before that, the liquidation process has to be completed by clearing all outstanding dues. "The proposal of allowing the bank to operate as a society is being examined by the state government. But before giving permission, the amount to DICGC should be cleared," Prudential Bank liquidator and deputy registrar of the department of cooperation B Nanda Kishore told…….
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