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Master Stroke Full (19.04.18): People unable to withdraw money from banks in Mumbai
The Reserve Bank of India (RBI) has restricted the City Co-operative Bank, Mumbai, from issuing or renewing loans, liability, or accepting fresh deposits. According to the directions, depositors will be allowed to withdraw less than Rs 1,000 of the total balance held in every saving bank or current account or any other deposit account, subject to conditions stipulated in the RBI directions.
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