Kerala Lok Ayukta Bans Unregistered Institutions from Using Banking Terms

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Law

29 July 2026 at 7:30 pm

Kerala Lok Ayukta Bans Unregistered Institutions from Using Banking Terms

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Summary

The Kerala Lok Ayukta has prohibited unregistered institutions from using terms like 'bank,' 'banking,' and 'banker' in their names and business, directing the Registrar of Cooperative Societies to ensure compliance and protect depositors.

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Kerala Lok Ayukta Bans Unregistered Institutions from Using Banking Terms | HyperFast News