👨💻 By Prashant Marathe | EduInvesting.in | May 19, 2025
🧾 At a Glance:
After RBI axed HCBL Co-operative Bank Ltd., Lucknow, a not-so-quiet question is ringing across India’s small towns: Are other co-op banks safe?
The answer? Not really.
Many co-operative banks are teetering on the edge — plagued by poor governance, outdated tech, political interference, and loan books messier than a toddler’s dinner table.
So, in true EduInvesting style, here are 5 co-operative banks that are either under RBI’s microscope or hanging by a financial thread — and why you should care.
1️ The Kapol Co-operative Bank Ltd. (Mumbai)
📍Location: Mumbai, Maharashtra
⚠️ Status: Under RBI Directions since 2017 (yes, still)
Why it’s in trouble:
- Withdrawals capped at embarrassing levels.
- NPA party going strong — loans were distributed like free Diwali sweets.
- No license cancellation yet, but RBI has extended directions 10+ times — because apparently, suspense is the new governance.
Depositor pain: ₹500 withdrawal limit for years. If you’ve ₹5L in savings, congrats — you can withdraw ₹1.37 per day until
