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Jharkhand gets RBI license for co-op bank

Jharkhand gets RBI license for co-op bank

The Reserve Bank of India (RBI) has permitted Jharkhand government to have its cooperative bank, 'Jharkhand State Co-operative Bank' after the State's 12 year struggle. RBI handed over the license for setting up the cooperative bank to the State Cooperative Minister Haji Hussain on August 26 in Ranchi, the state's capital.