RBI imposes restrictions on Etawah-based Nagar Sahakari Bank for 6 months

The Reserve Bank of India has placed restrictions on Etawah-based Nagar Sahakari Bank. Customers can withdraw a maximum of Rs 10,000. The bank cannot grant new loans or accept fresh deposits without RBI approval. These measures are in place for six months to protect depositors. The RBI will monitor the bank's financial health and adjust the directions as needed.

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