No fund withdrawals from these 2 banks - RBI imposes restrictions | Do you have a/c in them?

Reserve Bank on Thursday said that he had imposed several restrictions, including the withdrawal of funds, in two cooperative banks based in Uttar Pradesh given their deteriorating financial position. The two lenders are Lucknow Urban Co-Operative Bank and Urban Co-Operative Bank Limited, Sitapur. Restrictions based on the laws of banking regulations will remain valid for […]