Correct Answer : Option (B) - Cooperative bank
RBI has imposed restrictions on Mumbai-based cooperative bank, Raigad Sahakari Bank.
Reason : Worsening of financial situation of the lender.
The restrictions also include a withdrawal limit of Rs 15,000 per customer and it will remain in force for a period of six months.
RBI has also imposed a penalty of Rs 6 lakhs on Shri Chhatrapati Rajarshi Shahu Urban Co-operative Bank Limited for contravention of provisions related to 'Frauds - Classification and Reporting'..
Source : India Times