RBI Cancels License of The Kapol Co-operative Bank: Implications for Depositors and Banking Sector Stability
RBI Cancels License of The Kapol Co-operative Bank Over Inadequate Capital In recent news, the Reserve Bank of India (RBI) has taken a significant step by canceling the license of The Kapol Co-operative Bank. This move comes in response to concerns regarding the bank’s inadequate capital reserves. Let’s delve deeper into why this news is…