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The RBI notified that District Central Co-operative Banks are allowed to close their un-remunerative branches without prior permission of the central bank, though a nod will be needed from the Registrar of Cooperative Societies of the respective state. The bank should give two months notice in advance to all existing depositors/ clients of the branch through press release in local leading newspapers as well as communicate to each constituent of the branch, well in advance of the closure of the branch. Also, the District Central Co-operative Bank (DCCB) should return the original licence/s issued for the closed branch to the Regional Office concerned of the Reserve Bank. However, DCCBs will not be allowed to close branches if restrictions have been imposed on the bank by the RBI.
Under the Constitution of India the legislative power of Governor is mentioned in which Article?
The communication of an acceptance is complete, as against the acceptor______________
Under section 77 of the Bharatiya Sakshaya Adhiniyam the reference to the ____________________ have been removed
Which of the following is not a mode of execution as provided under s.51 of CPC?
According to the Insurance Act, who can be nominated by the holder of a life insurance policy to receive the money secured by the policy in the event of...
Sale of tangible immovable property may be made by delivery of the property if the value of the property is:
Which of the following cases gave protection to women from sexual harassment at their workplace?
The power of supreme court to transfer cases and appeals from one High Court to another High Court can be exercised on an application by :
According to section 4 of the Motor Vehicles Act what is the restriction on driving a motor vehicle?
When under section 161 of the code of criminal procedure is statement recorded by the Police?
