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Mumbai LIVE: New India Coop Bank depositor can withdraw Rs 25,000, says RBI

Updated On: 24 February, 2025 10:04 PM IST | Mumbai | mid-day online correspondent

Mumbai News LIVE Updates: Days after imposing several restrictions on New India Co-operative Bank, the RBI on Monday relaxed the conditions and permitted customers to withdraw up to Rs 25,000 from their deposit accounts with effect from February 27. On February 13, the Reserve Bank had imposed All Inclusive Directions (AID) on the Mumbai-based cooperative bank, which included a ban on deposit withdrawals, amid supervisory concerns. We are closing the LIVE blog now

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