United Western Bank Falls, Finally

Six months after this magazine first exposed the rot within, the RBI puts it under moratorium

The RBI has finally decided to act and put United Western Bank (UWB) under moratorium on 2nd Sept. A lot of people were expecting this to happen but the RBI was still waiting. This writer had warned about it in MoneyLIFE at least twice (March 7 and August 31). However, questions remain about the role...

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