Saturday , 22 September 2018
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Mapusa Urban directors offer to resign due to RBI embargo, appeal not to panic

Mapusa Urban directors offer to resign due to RBI embargo, appeal not to panic


All the directors of Mapusa Urban Cooperative Bank have offered to resign as the Reserve Bank of India has imposed embargo on depositors not to withdraw more than one thousand rupees.But Chairman of the Bank Gurudas Natekar has appealed its depositors and shareholders not to panic and their money is safe with the bank.The ball is now in the courts of RBI and Goa government.

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