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Panic Among Customers as RBI Imposes Restrictions on New India Co-operative Bank Massive Customer Rush at Bank Branches After the Reserve Bank of India (RBI) imposed severe restrictions on Mumbai-headquartered New India Co-operative Bank Limited , panic-stricken customers rushed to its branches to withdraw their savings. The uncertainty surrounding their hard-earned money led to large crowds gathering at multiple branches in Mumbai, Thane, Surat, and Pune . Customers Express Fear and Frustration Several account holders expressed distress, citing difficulties in accessing their funds. 🔹 Ashok Shetty , a customer, lamented that he needed his deposits for daily expenses and school fees but was informed that no withdrawals would be allowed for six months . 🔹 A senior citizen shared that he had attempted to withdraw his ₹1 lakh savings but was unsuccessful. 🔹 Naveen, another senior citizen , stated that even updating passbooks would help them lodge complaints later. 🔹 Kiran ...

Supreme Court Upholds Maintenance Rights for Muslim  Women under Section 125 CrPC In a landmark decision, the Supreme Court of India has ruled that Section 125 of the Code of Criminal Procedure (CrPC), which grants the right to maintenance, applies to all married women, including Muslim women. This ruling ensures that Muslim married women can claim maintenance from their husbands under these provisions, providing a significant legal safeguard for their financial security. Empowering Indian Homemakers The bench, comprising Justices BV Nagarathna and Augustine George Masih, emphasized the critical role of homemakers in Indian society. The court highlighted the need for Indian men to recognize the contributions and sacrifices of homemakers, who are often the backbone of the family. It urged men to provide financial support to their wives, suggesting the use of joint bank accounts and ATMs to ensure access to financial resources. Applicability to Divorced Muslim Women The court clarifi...