The Karwar Urban Co-operative Bank's license was

RBI cancelled the banks license on July 22, 2025, due to its inability to maintain capital and viable operations, risking depositor funds.

cancelled due to:

A Fraudulent transactions by employees Correct Answer Incorrect Answer

B Merger with another private bank Correct Answer Incorrect Answer

C Inadequate capital and poor earning prospects Correct Answer Incorrect Answer

D Regulatory dispute with SEBI Correct Answer Incorrect Answer

E Non-submission of annual reports Correct Answer Incorrect Answer

Solution

RBI cancelled the bank’s license on July 22, 2025, due to its inability to maintain capital and viable operations, risking depositor funds.

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