RBI appoints administrator at Kapol Bank

BS Reporter
Last Updated : Jun 23 2014 | 2:07 AM IST
The Reserve Bank of India has appointed an administrator to run Mumbai-based urban cooperative lender, Kapol Cooperative Bank. This follows a report on the bank's failing financial health, including weak capital adequacy and high level of non-performing assets.

More From This Section

First Published: Jun 23 2014 | 12:48 AM IST

Next Story