https://www.taxtmi.com/news?id=12797 The Reserve Bank of India directed Indian Mercantile Co-operative Bank Ltd., Lucknow, that, without prior written RBI approval, the bank shall not grant or renew loans, make investments, incur liabilities including borrowing and accepting fresh deposits, disburse or agree to disburse payments, enter compromises, or dispose of properties, subject only to limited exceptions for minimal depositor withdrawals (adjustable against liabilities), renewal of existing term deposits in the same name and specified permitted expenditures. en-us Fri, 13 Jun 2014 18:34:26 +0530 Fri, 13 Jun 2014 18:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12797 The Reserve Bank of India directed Indian Mercantile Co-operative Bank Ltd., Lucknow, that, without prior written RBI approval, the bank shall not grant or renew loans, make investments, incur liabilities including borrowing and accepting fresh deposits, disburse or agree to disburse payments, enter compromises, or dispose of properties, subject only to limited exceptions for minimal depositor withdrawals (adjustable against liabilities), renewal of existing term deposits in the same name and specified permitted expenditures. News - Fri, 13 Jun 2014 18:34:26 +0530 https://www.taxtmi.com/news?id=12797