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This was the first MPC by the new RBI Guv Sanjay Malhotra
11 people were also dead following a mass shooting i
The Centre has repeatedly expressed concerns that high interest rates stifle economic growth.
The RBI circular notes that cooperative societies' use of banks violates Section 7 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies).
The currency ended the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
Up to two individuals can be nominated for lockers which are jointly operated.
Ankur Bhattacharjee and Syndrela Das won the U-19 boys and girls titles respectively.
The warning was sent to the official email address of newly appointed RBI Governor Sanjay Malhotra.
Will be at the helm of the apex bank for three years.
However, RBI revised the GDP growth projection for the current fiscal sharply downward to 6.6% from the earlier estimate of 7.2%.
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