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Maharashtra State Cooperative Bank has long been in crisis but the state govt has nothing to find a satisfactory way of dealing with the crisis.
It is against this background that an organisation called Jan Manch has petitioned the Nagpur bench of the Bombay high court to intervene in the matter.
Taking cognizance of the petition, a division bench of the court has issued notices to the state govt, Nabard, Reserve Bank of India, cooperatives commissioner and MSCB.
A recent audit report had ...
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