Explained: Why RBI has put restrictions on a cooperative bank, what happens now

Panic-stricken customers rushed to bank’s branches across the state and were unable to withdraw more than Rs 1,000. They had not been aware that the bank, which was under the supervisory glare of the RBI, was being milked by real estate players led by HDIL with the connivance of bank officials.

from News Explained: Indian Express Expert Opinion, Expert Opinion on Social Issues | The Indian Express
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