The Reserve Bank of India (RBI) has cancelled the licence of Maharashtra-based The Laxmi Co-operative Bank, citing a lack of adequate capital. Upon liquidation, every depositor would be entitled to receive a deposit insurance claim amount upto Rs 5 lakh. According to the RBI, the bank with its present financial position would be unable to pay its present depositors in full and public interest would […]
Medcare Hospital LLC is a step-down subsidiary of Aster DM Healthcare.
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