The Reserve Bank of India (RBI)'s latest directive has caused panic among depositors in Maharshtra's Shirpur Merchants' Co-operative Bank, as they are unable to withdraw their funds, for at least for next six months. The central bank's withdrawal restriction among several other restrictions comes after concerns about the deteriorating financial health of the bank. Other restrictions are bank cannot, without prior approval of RBI in writing grant or renew any loans and advances, make any investment, incur any liability including borrower of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in the discharge of its liabilities and obligations, etc. Further, customers can't withdraw funds from their accounts, but the bank is allowed to set off loans against deposits.