RBI puts Rs 1,000 withdrawal cap on Deccan Urban Co-operative Bank; fresh loans, deposits restricted

It has also asked the lender to desist from disbursing any payment whether in discharge of its liabilities or otherwise, or dispose of any of its assets except as notified in the RBI direction.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-puts-rs-1000-withdrawal-cap-on-deccan-urban-co-op-bank-fresh-loans-deposits-restricted/articleshow/81122368.cms