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Reserve Bank Cancels Licence of Belgaum Catholic Co-operative Bank

Aug 6, 2010 by Editor Sep 8, 2011 2 Comments

In view of the fact that the Belgaum Catholic Co-operative Bank Ltd., Belgaum had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its […]

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