Big setback! RBI imposes restrictions on 3 cooperative banks; Know how it affects customers
With imposition of restrictions on Jaiprakash Narayan Nagari Sahakari Bank, Basmatnagar, depositors will not be able to withdraw funds from their accounts, the central bank said in a statement.
The RBI has also imposed restrictions on Durga Co-operative Urban Bank, Vijayawada. Its customers can withdraw up to Rs 1.5 lakh from their deposits. Pic: Reuters