Why RBI Shut Sarvodaya Co-operative Bank And What Customers Should Do Next
Last Updated:May 13, 2026, 2:22 PM IST RBI cancels licence of Sarvodaya Co-operative Bank, Mumbai for regulatory non compliance, orders winding up, most depositors to get insured refunds via DICGC RBI cancels the licence of Sarvodaya Co-operative bank The Reserve Bank of India (RBI) has cancelled the licence of Sarvodaya Co-operative Bank, Mumbai, for failing…