Friday, June 21, 2013

RBI cancels licence of Vaishali Urban Co-op Bank, Jaipur

......This is in view of the fact that Vaishali Urban Co-operative Bank, Jaipur, Rajasthan, has ceased to be solvent, all efforts to revive it having failed and the depositors being inconvenienced by the continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on Jun. 12, 2013............

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