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Published 18:43 IST, April 8th 2024

RBI imposes restrictions on Shirpur Coop Bank amid financial downturn

Customers of the bank will face restrictions on withdrawals, with no withdrawals permitted from savings, current, or any other depositor accounts.

Reported by: Business Desk
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Investors to continue earning 7.4% interest; government reviews rates quarterly, aligning with RBI's unchanged policy rates.
RBI has barred the Shirpur Coop Bank from granting or renewing any loans and advances | Image: PTI
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18:43 IST, April 8th 2024