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Baghat bank crisis: 80,000 customers at mercy of fate
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Baghat bank crisis: 80,000 customers at mercy of fate
TNR Series: Part 10 Withdrawal limit for them still Rs 10,000, slow recovery causes anxiety Sourabh SoodShimla: The financial crisis at Baghat Urban Co-operative Bank continues to struggle with heavy non-performing assets (NPAs) and limited liquidity. Despite recovery drives and action against major defaulters, the Reserve Bank of India (RBI) has not lifted key restrictions, keeping thousands of depositors under financial stress. The RBI’s direc…
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