Breaking News | RBI Raises Concern Over New India Co-Op Bank, Account Holders In A State Of Flux
February 14, 2025
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4:34Now PlayingBreaking News | RBI Raises Concern Over New India Co-Op Bank, Account Holders In A State Of Flux
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as posted by the channelBreaking News: The Reserve Bank of India has placed restrictions on New India Co-operative Bank of Mumbai, citing liquidity concerns. With deposits amounting to Rs 2436 crores at the end of March 2024, the bank is now prohibited from granting loans, renewing advances, or accepting new deposits starting February 13, 2025, to safeguard depositors' interests.
#breakingnews #rbi #newindiacooperativebank #bank #banking #banks #reservebankofindia #mirrornow #englishnews #newindiacoopbanks
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