In a statement, RBI said the Lucknow-based co-operative bank will not, without its prior approval, grant or renew any loans and advances, or make any investment.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-imposes-restrictions-on-indian-mercantile-cooperative-bank-ltd-lucknow-withdrawals-capped-at-rs-1-lakh/articleshow/89187080.cms
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