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    HomeNewsPodcastSimply Save podcast | RBI cancels CKP Cooperative Bank's license: Will depositors finally get deposit insurance claim?

    Simply Save podcast | RBI cancels CKP Cooperative Bank's license: Will depositors finally get deposit insurance claim?

    Find out how the RBI decision will affect depositors, and what they can do to mitigate damage.

    Moneycontrol News
    May 06, 2020 / 13:30 IST

    On March 2, the Reserve Bank of India (RBI) cancelled the licence of Mumbai-based CKP Co-operative Bank, citing that it had become unstable. The move came against the backdrop of the PMC and Yes Bank crises.

    In this episode of Simply Save, Moneycontrol's Preeti Kulkarni explains to Keerthana Tiwari how the RBI decision will affect depositors, and what they can do to mitigate damage.

    Tune in to the Simply Save podcast for more.

    You can also tune in to our special series 'Your money and COVID-19' to find out how to manage money during pandemic times.

    Moneycontrol News
    first published: May 5, 2020 06:08 pm

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