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RBI Imposes Restrictions on New India Co-operative Bank, Customers Unable to Withdraw Funds. big-plus
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RBI Puts Restrictions on New India Co-operative Bank: No Withdrawals Allowed

Feb 14, 2025

Due to its weak financial condition, the Reserve Bank of India (RBI) has placed strict restrictions on Mumbai’s New India Co-operative Bank. Now, Customers are not able to withdraw their money, and the bank is barred from giving new loans or accepting deposits. https://twitter.com/RBI/status/1890349945040867577 Starting from February 13, 2025, the RBI has stopped the bank […]

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