Explained: Why RBI has put restrictions on New India Co-operative Bank
Friday, 14 February 2025 The RBI has imposed restrictions on New India Co-operative Bank, barring it from granting loans, making investments, or allowing withdrawals due to financial concerns. Depositors can claim up Rs 5 lakh under DICGC.
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The RBI has placed strict restrictions on New India Co-operative Bank, limiting withdrawals and other banking operations. Here’s what depositors need to know... Mid-Day
The Reserve Bank of India has imposed strict restrictions on New India Co-operative Bank, barring withdrawals and new deposits. Customers are left anxious as... Mid-Day
From desperate families with joint accounts, to those who were saving for children’s education or weddings, depositors throng New India Co-Operative Bank... Mid-Day