“Unlicensed money lenders cannot call themselves bank”

IMPHAL, Jul 11: Calling themselves banks or bankers by money lenders who do not possess licences issued by the Reserve Bank of India (RBI) is nothing but beguiling the public, stated Registrar Cooperative Society (RCS) Hamid Ahuja. Top officials of the Cooperation Department including Principal Secretary Moses Chalai held an interaction programme with media persons […]

The post “Unlicensed money lenders cannot call themselves bank” appeared first on KanglaOnline.

IMPHAL, Jul 11: Calling themselves banks or bankers by money lenders who do not possess licences issued by the Reserve Bank of India (RBI) is nothing but beguiling the public, stated Registrar Cooperative Society (RCS) Hamid Ahuja. Top officials of the Cooperation Department including Principal Secretary Moses Chalai held an interaction programme with media persons […]

The post “Unlicensed money lenders cannot call themselves bank” appeared first on KanglaOnline.

Read more / Original news source: http://kanglaonline.com/2016/07/unlicensed-money-lenders-cannot-call-bank/