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      Question

      The Reserve Bank of India recently cancelled the license

      of which cooperative bank in August 2025? 
      A Abhinav Sahakari Bank Correct Answer Incorrect Answer
      B Latur Urban Co-op Bank Correct Answer Incorrect Answer
      C Maratha Sahakari Bank Correct Answer Incorrect Answer
      D Shree Mahalaxmi Co-op Bank Correct Answer Incorrect Answer
      E The Kapol Co-op Bank Correct Answer Incorrect Answer

      Solution

      RBI cancelled the license of Shree Mahalaxmi Co-op Bank, Maharashtra, citing inadequate capital and earning prospects. The bank failed to comply with regulatory requirements, putting depositors’ interests at risk . 

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