![RBI cancels UP Urban Co-operative Bank’s licence; fines 4 regional banks](https://images.assettype.com/fortuneindia%2F2021-10%2F43ea7ea5-2b10-4a99-aef3-6560f06e8a48%2FRBI_02_copy.jpg?w=300&q=95)
RBI cancels UP Urban Co-operative Bank’s licence; fines 4 regional banks
Depositor to receive insurance claims up to Rs 5 lakh; RBI says bank does not have adequate capital and earning prospects
Depositor to receive insurance claims up to Rs 5 lakh; RBI says bank does not have adequate capital and earning prospects