RBI imposes restrictions on Sri Guru Raghavendra Sahakara Bank of Bengaluru

The Reserve Bank of India has imposed restrictions on Sri Guru Raghavendra Sahakara Bank of Bengaluru. The holder of this bank has been imposed with a withdrawal limit of Rs 35,000. The bank has also been restricted from disbursing any loans, making any investment or incurring any liability including borrowing of funds and acceptance of fresh deposits.