What action did the Reserve Bank of India (RBI) take regarding the Urban Co-operative Bank in Sitapur, Uttar Pradesh?

Current Affairs December 2023 . 11 months ago

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RBI cancelled the license of Urban Co-operative Bank in Sitapur, Uttar Pradesh, effective from December 07, 2023, citing the cessation of banking activities.

Posted on 03 Feb 2024, this text provides information on Current Affairs related to December 2023. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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