The Reserve Bank of India has decided to continue the Directions imposed on Mudhol Cooperative Bank Limited, Dist- Bagalkot, Karnataka for a further period of three months from July 8, 2020 to October 7, 2020, subject to review, according to a press release.
The RBI had issued All Inclusive Directions on the UCB on April 2, 2019, as modified from time to time, which were last extended up to July 7, 2020.
Other terms and conditions of the Directives under reference shall remain unchanged.