Photo: IANS

RBI cancels licence of Laxmi Co-operative Bank, Solapur

Mumbai |┬áThe Reserve Bank of India (RBI) on Thursday cancelled the licence of The Laxmi Co-operative Bank Ltd in Maharashtra’s Solapur. Consequently, the bank ceases to carry on banking business, with effect from the close of business on September 22. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to […]