RBI Imposes Restrictions On New India Co-Operative Bank, Customers In Distress As Withdrawals Frozen
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2025-02-14
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The Reserve Bank of India has imposed several restrictions on Mumbai-based New India Co-operative Bank, including on withdrawal of funds by depositors. This led to panic among customers who flocked to the bank in Mumbai, on Friday, February 14, in a bid to withdrew their money.
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