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RBI Cancels Banking License of Karnataka based Mahalaxmi Co-operative Bank Ltd; allows to function as Non-Banking Institution
The Reserve Bank of India (RBI) cancelled the banking license of Karnataka based Mahalaxmi Co-operative Bank Limited on 27th June 2023. However, the...
![State Declaration on KSCARDB as Cooperative Bank was Struck Down: Supreme Court directs RBI to Revoke Banking License [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Cooperative-Bank-was-Struck-Down-Supreme-Court-directs-RBI-Revoke-Banking-License-Banking-License-Tax-News-TAXSCAN.jpg "State Declaration on KSCARDB as Cooperative Bank was Struck Down: Supreme Court directs RBI to Revoke Banking License [Read Order]")