RBI imposes six‑month restrictions on Motiram Agrawal Jalna Merchants Cooperative Bank due to liquidity shortfall.
Bank prohibited from granting/renewing loans, accepting fresh deposits, making investments, or incurring liabilities without RBI approval.
Depositors eligible for insurance up to ₹5 lakh per account; withdrawals barred except loan‑against‑deposit set‑off.
Bank may incur essential expenses; RBI will monitor and may modify the directions as the bank’s position improves.