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RBI Cancels Licence of Ajantha Urban Co-op Bank Maryadit

RBI Cancels Licence of Ajantha Urban Co-op Bank Maryadit: Reserve Bank of India (RBI) announced the cancellation of the banking license of Ajantha Urban Co-operative Bank Maryadit, based in Aurangabad, Maharashtra. The action was taken due to the bank’s inadequate capital, poor earnings outlook, and inability to protect depositors’ interests. The RBI directed the Registrar […]

Kumar Mangalam Birla to Receive Lata Deenanath Mangeshkar Award 2024

Kumar Mangalam Birla to Receive Lata Deenanath Mangeshkar Award 2024: Kumar Mangalam Birla, the 57-year-old Chairman of the Aditya Birla Group, will be conferred with the prestigious Lata Deenanath Mangeshkar Award on April 24, 2024, in a grand ceremony to be held at the Deenanath Mangeshkar Auditorium in Vile Parle East, Mumbai.A Padma Bhushan awardee, […]