RBI excludes ‘Punjab & Maharashtra Co-operative Bank Limited’ from the Second Schedule of the RBI Act
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- Last Updated on 20 July, 2022
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Notification no. DOR.MON.No. 3764/12.01.000/2021-22, Dated: 10.03.2022
RBI has directed the exclusion of Punjab and Maharashtra Co-operative Bank Limited from the second schedule of the RBI Act. All banks which are excluded from the Second Schedule to the RBI Act, 1934 ceases to be Scheduled Banks.
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