Thursday, April 5, 2012

RBI imposes restriction on Bhuj co-op bank

One more co-operative bank in the state has found itself in a crisis. The Reserve Bank of India has imposed restrictions on financial transactions of Ahmedabad head-quartered Bhuj Mercantile Co-operative Bank (BMC) on Tuesday. On Saturday, the RBI had dissolved the board of directors of the bank as financial irregularities came to their notice…………..

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