Press Release No.1 2021-2022/204

Press Release

RBI cancels the licence of United Co-operative Bank Ltd., Bagnan, West Bengal

Date

May 12, 2021

Statute

Banking Regulation Act, 1949

Section/ Rule Number

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

Issuing Authority

Reserve Bank of India

Press Release