Why did the RBI find it necessary to cancel the banking license based on the Banking Regulation Act, 1949?
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Why did the RBI find it necessary to cancel the banking license based on the Banking Regulation Act, 1949?

Why did the RBI find it necessary to cancel the banking license based on the Banking Regulation Act, 1949?
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Why did the RBI find it necessary to cancel the banking license based on the Banking Regulation Act, 1949?

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The co-operative bank failed to comply with certain sections of the Banking Regulation Act, 1949, prompting the RBI to cancel its banking license.

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