A worker walks past the logo of Reserve Bank of India inside its office in New Delhi. | Anushree Fadnavis/Reuters The Reserve Bank of India on Saturday said it cancelled the licence of Mumbai-based ...
CKP Co-operative Bank, which bit the dust on May 2, has nearly 97 percent of Gross Non-Performing Assets (GNPAs), a lot of which are loans given to small and mid-sized real estate developers. As on ...
Mumbai: With savings of close to ₹6 lakh in CKP Co-operative Bank, 53-year-old Pradeep Kumar Mishra is among the 1,130 customers who stand to lose out from RBI’s decision to liquidate the bank after ...
Troubles at CKP had been brewing for many years before the regulator cancelled its licence. In May 2020, Mumbai-based PR Toraskar’s world fell apart. India was just over a month into the COVID ...
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