Pen Urban Cooperative Bank
Bank Transactions Freezed by RBI

The Bank transactions of Pen Urban Cooperative bank have been frozen by RBI . My parents have invested their entire retirement savings in Pen Urban Cooperative Bank. What is the procedure for getting a refund of their fixed deposit? How grave is the situation? Is there a government guarantee (insurance) on the deposits?

Company: Pen Urban Cooperative Bank
Country: India
State: Maharashtra
City: Raigad

  <     >