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Press Release: 2021-2022/1662

Press Release

RBI cancels the licence of Independence Co-operative Bank Limited, Nashik, Maharashtra


February 2, 2022


Banking Regulation Act, 1949

Section/ Rule Number

Section 5(b)
Section 11(1)
Sections 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

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