RBI Shut Down Six Urban Co-operative Banks
4,792 views · Published 17 September 2014 · 1:11 · Indexed 27 October 2026
Channel: NEXT9NEWS हर खबर आप तक · 2014 · News & Politics
Reserve Bank of India (RBI) has shut down six Urban Co-operatives Bank (UCBs) on September14, 2014 for paving route to illegal money. It was found that UCBs with 8100-plus branches and deposits of 2 lakh thousand crore rupees were being used as passage for money laundering. The matter of misuse of UCBs was discussed during a recent meeting of the Economic Intelligence Council (EIC) headed by finance minister, Arun Jaitley.
More from this channel
-
0:50
High alert in Uttarakhand due to heavy rainfall
-
0:42
YouTube to Launch Paid Streaming Music Service
-
0:48
Shankaracharya says, Do not worship Shirdi Sai Baba
-
3:40
Special Footage of Slum Area: विकास को तरसती दिल्ली
-
0:44
Not just pie in the sky! Russian pizzeria
-
1:37
Arrest warrant against Dhoni
-
0:49
Amit Shah set to be BJP president
-
0:40
UGC rejects DU's new proposal