CKP Co-operative Bank Archives

RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes

99% depositors of CKP Co-op Bank to get their full deposits: RBI

May 3, 2020 - by IANS

Mumbai: In a major relief for the depositors in the now defunct CKP Co-operative Bank, a senior Reserve Bank of India (RBI) official on Sunday said that around 99.2 per cent …

National / News Update

RBI cancels banking license of CKP Co-operative Bank

May 2, 2020 - by IANS

Mumbai: The Reserve Bank of India has cancelled the banking licence of CKP Co-operative Bank, as its financial position has become unsustainable. Accordingly, the RBI took the decision on April 28 …