Tuesday, September 9, 2014

3 Vid DCC banks urge HC to direct RBI to treat them in parity with 16 banks of UP

Three unlicensed district central co-operative banks from Nagpur, Wardha and Buldana in Vidarbha have urged through their second re-joinders that their writ petitions be disposed of by the High Court here, with direction to the Reserve Bank of India (RBI) to withdraw its orders of rejecting these banks’ applications for grant of license to them to enable them to revive and survive in the larger interests of the depositors and general public of the area...........

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