Press Release: 2021-2022/95

Press Release

RBI cancels the licence of Bhagyodaya Friends Urban Co-operative Bank Limited, Warud, Dist. Amravati, Maharashtra

Date

April 21, 2021

Statute

Banking Regulation Act, 1949

Section/ Rule Number

Section 5(b)
Section 11(1)
Section 22(3)(a)
Section 22(3)(b)
Section 22(3)(c)
Section 22(3)(d)
Section 22(3)(e)
Section 56

Issuing Authority

Reserve Bank of India

Press Release