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.
What is the primary purpose of using bleaching powder in drinking water?
What are antibiotics?
Iron, Nickel and Cobalt are the examples of
What are proteins chemically composed of?
Which noble gas is utilized in radiotherapy?
The term Fire Ice is used for ___?
Evaluate these statements regarding calcium carbide's effects and uses:
Statement (I): Calcium carbide releases acetylene gas.
Statement (...
What is the common name for Calcium Sulfate Dihydrate?
Sphalerite is an ore/mineral of -
Which gas is commonly used to fill balloons?
