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RBI cancels banking license of United India Co-operative Bank Bijnor
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₹5,00,000 (Rupees five lakh only) from Deposit Insurance and Credit Guarantee Corporation (DICGC) subject to the provisions of DICGC Act, 1961. As per the data submitted by the bank, 99.98% of the depositors are entitled to receive full amount of their deposits from DICGC.
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