RBI eases restrictions on New India Co-operative Bank; Deposit withdrawals up to Rs 25,000 now allowed

February 25, 2025

The Reserve Bank of India has relaxed restrictions on New India Co-operative Bank, allowing withdrawals up to Rs 25,000, effective February 27, 2025. This follows an assessment of the bank’s liquidity position. Additionally, the bank’s General Manager was arrested for allegedly embezzling Rs 122 crore.

More To Explore

FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone

Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months

July 12, 2025

F&O Talk| Nifty cracks 20-DMA amid bearish momentum, macro cues keep investors on edge: Sudeep Shah

Indian benchmark indices faced profit booking, with Nifty declining by 1.22% and Sensex shedding 925 points. FMCG outperformed, while Defence and IT sectors declined. Analyst

July 12, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003