RBI Imposes Restrictions, Withdrawal Caps, On 4 Co-Op Banks
1 min read The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949
The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949
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