Private company
Madhavpura Mercantile Cooperative Bank
Indian interstate bank (1968–2012)
Madhavpura Mercantile Cooperative Bank (MMCB) was a Gujarat-based interstate cooperative bank that became defunct and lost its licence after it was unable to pay back the money it owed public depositors. Reserve Bank of India cancelled its licence in June 2012 under section 22 of the Banking regulations Act, 1949.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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Madhavpura Mercantile Cooperative Bank (MMCB) was a Gujarat-based interstate cooperative bank that became defunct and lost its licence after it was unable to pay back the money it owed public depositors. Reserve Bank of India cancelled its licence in June 2012 under section 22 of the Banking regulations Act, 1949.2
Links
- WikipediaMadhavpura Mercantile Cooperative Bank
- WikidataQ17070678
Sources
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