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Press Release No. 2022-2023/914
Press Release
RBI cancels the licence of The Laxmi Co-operative Bank Limited,
Solapur, Maharashtra
Date
September 22, 2022
Statute
Banking Regulation Act, 1949
Section/ Rule Number
Section 5(b)
Section 11(1)
Section 22(3)(d)
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
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