Licence of Laxmi Co-operative Bank cancelled by RBI: Depositors can claim up to Rs 5 lakh

New Delhi, Sep 23: The licence of the Maharashtra based The Laxmi Co-operative Bank has been cancelled citing lack of adequate capital. Upon liquidation every depositor is entitled to receive a deposit insurance claim amount of upto Rs 5 lakh. The

Licence of Laxmi Co-operative Bank cancelled by RBI: Depositors can claim up to Rs 5 lakh
New Delhi, Sep 23: The licence of the Maharashtra based The Laxmi Co-operative Bank has been cancelled citing lack of adequate capital. Upon liquidation every depositor is entitled to receive a deposit insurance claim amount of upto Rs 5 lakh. The