The teachers' union has contended in court that the Mumbai District Central Co-operative Bank is not in the list of banks approved by RBI

Nearly 27,000 teachers (primary and secondary) and non-teaching staff across Mumbai won't be getting their July salaries on August 1. Most city schools haven't submitted the mandatory monthly staff salary bill to the education department, usually sent by the 14th of every month, after which salaries are deposited. Reason: teachers and their unions are against a department circular that insists they transfer their existing salary accounts from the respective nationalised banks to the Mumbai District Central Co-operative Bank.