Restrictions put on Laxmi Cooperative Bank, Solapur; Rs 1,000 cap on withdrawals

Restrictions put on Laxmi Cooperative Bank, Solapur; Rs 1,000 cap on withdrawals The restrictions imposed under the Banking Regulation Act, 1949, shall remain in force for six months from the close of business on November 12, 2021, and are subject to review, the RBI said in a statement.

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