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    <title>RBI cancels Licence of United Commercial Co-operative Bank Ltd., Kanpur</title>
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    <description>Cancellation of banking licence of United Commercial Co-operative Bank Ltd., Kanpur renders the institution unable to carry on the business of banking, including acceptance or repayment of deposits. The regulatory action was taken under statutory powers to withdraw a co-operative bank&#039;s licence and requires the bank to cease accepting deposits and conducting other banking operations effective from the date of cancellation.</description>
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