Should depositors put money in co-operative banks?

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay

Coop Bank Faces RBI Curbs, Depositors Panic

Account holders of the New India Co-operative Bank woke up to a rude shock on Friday morning, after the Reserve Bank of India’s bar on withdrawal of funds came into effect. The order was issued on Thursday evening, since the