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Panicky customers flock to New India Co-operative Bank branches after RBI
Updated : 1 year, 3 months ago IST
Account holders in thousands gathered outside Mumbai-headquartered New India Co-operative Bank Limited branches to withdraw their hard-earned savings, soon after the Reserve Bank of India put several restrictions on the lender.
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Mumbai: RBI imposes restrictions on New India Co-operative Bank, freezes w
Updated : 1 year, 3 months ago IST
According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions st
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