Attention customers of this bank! You will not be able to withdraw money from your account after 2 days, RBI gave information
If your account is in this cooperative or co-operative bank, then this news is of your use. Reserve Bank of India has informed many customers that from September 22, 2022, they will not be able to withdraw money from their account. In such a situation, he can withdraw money from his account as soon as possible. RBI has decided to cancel the license of Pune-based Rupee Co-operative Bank Limited. In such a situation, the bank has given time till September 21 to the customers because from September 22, the bank will stop its services. In such a situation, he will not be able to withdraw money from his account later.
Bank license canceled
Let us tell you that the Reserve Bank of India has taken major action against many banks in the last few days. Now the name of Rupee Co-operative Bank Limited based in Pune has also been included in this. RBI has canceled the license of the bank. In such a situation, this cooperative bank will not be able to offer its banking services to the customers from 22 September. In view of the poor financial condition of the banks, RBI has canceled the licenses of many banks, including the names of a large number of cooperative banks.
RBI has taken the decision due to poor financial condition
The Reserve Bank has decided to cancel the license of Rupee Co-operative Bank Limited from Pune because the financial condition of the bank was very bad. There was no capital left with this bank. With this, the means of new earning of the bank were also exhausted. In such a situation, in view of the security of the money of the customers, RBI has decided that the bank will be completely closed from September 22. In such a situation, if your account is in this Rupee Co-Operative Bank Limited, then go to the bank today and withdraw all your money from the account. After this you will not face any kind of problem.
Customers will get the benefit of insurance up to 5 lakhs
Let us tell you that a subsidiary of RBI named Deposit Insurance and Credit Guarantee Corporation (DICGC). Through this insurance scheme, customers get an insurance cover of Rs 5 lakh on the deposit account. This insurance scheme is run to provide financial security to the customers of Co-operative Bank. In such a situation, if a bank has to be closed due to poor financial condition, then the customer gets the benefit of insurance cover on deposits up to Rs 5 lakh through DICGC and this money gets to the customers.
