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RBI imposes restrictions on Mogaveera Co-operative Bank — India Verified

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RBI imposes restrictions on Mogaveera Co-operative Bank

Business13 June 2026 at 09:52 pmQuick read

RBI imposes restrictions on Mogaveera Co-operative Bank

Credibility score90 / 100

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2sources verified

The RBI has imposed restrictions on Mogaveera Co-operative Bank for 6 months. Depositors can withdraw up to ₹1 lakh. Eligible depositors can receive deposit insurance claim up to ₹5 lakh.

AI Credibility Analysis

The score is 90 as it falls under the 90-100 band, with 2 authoritative named sources, The Times of India and BusinessLine, providing specific data and details about the RBI's restrictions on Mogaveera Co-operative Bank.

Original Sources

The Economic Times
Thehindubusinessline

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RBI imposes restrictions on Mogaveera Co-operative Bank

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