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    <title>RBI cancels Licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh</title>
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    <description>The Reserve Bank of India cancelled the licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, under the Banking Regulation Act (as applicable to co operative societies) read with the Act&#039;s supplementary provisions. As a consequence, the bank is forthwith precluded from transacting the business of banking, including the acceptance and repayment of deposits, and may no longer present itself as entitled to undertake banking operations as defined by the statute.</description>
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    <pubDate>Fri, 12 Sep 2014 18:15:10 +0530</pubDate>
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      <description>The Reserve Bank of India cancelled the licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, under the Banking Regulation Act (as applicable to co operative societies) read with the Act&#039;s supplementary provisions. As a consequence, the bank is forthwith precluded from transacting the business of banking, including the acceptance and repayment of deposits, and may no longer present itself as entitled to undertake banking operations as defined by the statute.</description>
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