Karnataka Bank has introduced a new Term Deposit Scheme, KBL Amrit Samriddhi under Abhyudaya Cash Certificate (ACC) and Fixed Deposit for a tenure of 75 weeks (525 days).
Due to the lender's worsening financial situation, the RBI imposed some limitations on Mumbai-based Raigad Sahakari Bank, including a withdrawal cap of Rs 15,000 per customer.
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