Question

The Reserve Bank has recently imposed several

Q: Answer-The Reserve Bank has recently imposed several restrictions on Indian Mercantile Cooperative Bank Ltd...

The Reserve Bank has imposed several restrictions on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals. The restrictions came into force from the closure of business hours on January 28, 2022

restrictions on Indian Mercantile Cooperative Bank Ltd. What is cap amount of withdrawals in such restrictions?

A 1 lacs

B 2 lacs

C 3 lacs

D 4 lacs

E 5 lacs

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The Reserve Bank has recently imposed several

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