RBI imposes restrictions on four co-op banks, caps withdrawals

​In view of their deteriorating financial positions, the RBI has imposed withdrawal restrictions, capping Saibaba Janata Sahakari Bank's withdrawals at Rs 20,000 and The Suri Friends' Union Co-operative Bank's at Rs 50,000.

from Banking/Finance-Industry-Economic Times https://ift.tt/807CjU3