- The Reserve Bank of India (RBI) relaxed the restrictions placed on the City Co-operative Bank Ltd., by allowing the depositors to withdraw Rs. 5,000.
- In April 2018, the RBI barred the bank from extending fresh loans or making a new investment without prior approval and depositors were allowed to withdraw ₹1,000.
- City Co-operative Bank Ltd. is based in Mumbai and its Chairman is Anandrao Adsul
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