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The banking regulator has cancelled Sarvodaya Cooperative Bank's licence with immediate effect, citing&nbsp;insufficient capital and inadequate growth opportunities at the Mumbai-based lender.&nbsp;

Mumbai-based Sarvodaya Cooperative Bank licence cancelled; what next?

The Reserve Bank of India (RBI) has released a new master circular, introducing significant relaxations in approvals for opening branches, and much more.

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RBI issues new circular for co-operative banks: Doorstep banking, ATMs, and more — check key changes

According to RBI 99.98 percent of the depositors will receive their entire deposit amounts from the Deposit Insurance and Credit Guarantee Corporation (DICGC).

RBI cancels the license of this bank; what will happen to depositors' money? Find out

Customers of Karnataka-based Sri Mallikarjuna Pattana Sahakari Bank Niyamita and Maharashtra-based Nashik Zilla Girna Sahakari Bank will not be able to withdraw funds from their accounts with the RBI imposing restrictions on the lenders

Customers of THESE two cooperative banks barred from withdrawing cash

How will the increase in the repo rate affect the banks? What changes happened in NIMs? Know this Exclusive research with Armaan Nahar.

Repo Rates Increased; How It Will Impact On Banks? Watch Exclusive Research