Ground Report

New India Co-operative Bank Account Holders Panic As RBI Restricts Withdrawal

Hundreds of panic-stricken account holders at New India Co-operative Bank lined up outside its branches on Friday. This is a day after the Reserve Bank of India imposed curbs on the Mumbai-based bank for six months amid a liquidity crisis. In its notification, the country’s central bank restricted new loans and withdrawals for six months.

Shubham Chohan speaks to the account holders at the bank.

New India Cooperative Bank | New India Cooperative Bank Withdrawal Ban | New India Cooperative Bank Branch Mumbai | RBI New India Cooperative Bank | New India Cooperative Bank Deposit | New India Cooperative Bank Andheri Branch | Mumbai New India Cooperative Bank | HW News

#NewIndiaCooperativeBank #Mumbai #RBI #PMCBank #HWNews

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