I face the same issue tried with October, November month recoveries.
1. fastboot flash recovery <>.img and reboot results in bootloop.
2. fastboot boot <>.img sometimes gives white screen and sometimes bootloop
OTA updates are also not happening.
GCam version 7.3.020 from parrot043 works fine. Link here
---------- Post added at 09:39 AM ---------- Previous post was at 09:34 AM ----------
GCam version 7.4.104 from parrot043 works fine too. Link here
I'm on baseband 953_GEN_PACK-1.174284.1.194887.2 and still have the same problem. What do you mean the device is backdated? Older firmware? I flashed it with the latest MIUI a few months back to get the latest firmware/baseband.