In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying the affairs of the bank were conducted in a manner detrimental to the interest of its depositors.
In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying the affairs of the bank were conducted in a manner detrimental to the interest of its depositors.
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