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Crisis in Urban Co-operative Banks

Tags: 
Banking
RBI (Reserve Bank of India)
Urbanisation

Series of scandals have engulfed the urban co-operative banks in the state. Thousands of small depositors, lured by the comparatively higher interest rates offered by some of these banks, lost their life savings and not know who to turn to.

  • Read more about Crisis in Urban Co-operative Banks

© Foundation for Democratic Reforms, 2014