Press Release: 2021-2022/698

Press Release

Reserve Bank of India cancels the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra

Date

August 12, 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