The RBI canceled the license of Sumerpur Mercantile Urban Cooperative Bank in Rajasthan due to insufficient capital and poor prospects. El RBI canceló la licencia del Sumerpur Mercantile Urban Cooperative Bank en Rajasthan debido a capital insuficiente y malas perspectivas.

The Reserve Bank of India (RBI) has canceled the license of the Sumerpur Mercantile Urban Cooperative Bank Limited located in Sumerpur, Pali district of Rajasthan. El Banco de la Reserva de la India (RBI) ha cancelado la licencia del Sumerpur Mercantile Urban Cooperative Bank Limited ubicado en Sumerpur, distrito de Pali de Rajasthan. This decision comes after assessing that the bank lacked sufficient capital and prospects for future earnings, which are critical for sustaining banking operations. Esta decisión se produce tras evaluar que el banco carecía de capital suficiente y de perspectivas de beneficios futuros, que son fundamentales para sostener las operaciones bancarias. As a result, the bank has ceased to carry on banking business, with immediate effects. Como consecuencia de ello, el banco ha cesado su actividad bancaria, con efectos inmediatos. The RBI requested the Registrar of Cooperative Societies, Rajasthan, to issue an order for winding up the bank and appoint a liquidator for the bank. El RBI solicitó al Registro de Sociedades Cooperativas de Rajasthan que emitiera una orden para liquidar el banco y designar un liquidador para el mismo.

February 28, 2024

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