![Reserve Bank cancels license of Goa’s oldest Mapusa urban co-operative bank](https://www.gkseries.com/blog/wp-content/uploads/thumbs_dir/Reserve-Bank-cancels-license-of-Goa’s-oldest-Mapusa-urban-co-operative-bank-or33q34q3nazsramy941ta9p9ptiqb463kgslnbu00.jpg)
India’s central bank, the Reserve Bank of India (RBI) has canceled the license granted to the Mapusa Urban Co-operative Bank of Goa Ltd., Goa to conduct banking business which includes acceptance of deposits and repayment of deposits as defined in Section 5 (b) read with Section 56 of the Banking ...
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