The Reserve Bank of India extended the period of directions on Anjangaon Surji Nagari Sahakari Bank and Karmala Urban Cooperative Bank for a further period of three months on Friday.
RBI extended the directive for a further period of three months on Solapur based Karmala Urban Cooperative Bank from the close of business on July 29, 2024 to the close of business on October 29, 2024, subject to review.
Besides, the Directive for a further period of three months from the close of business on July 28, 2024 to the close of business on October 28, 2024 has been extended to Amravati based Anjangaon Surji Nagari Sahakari Bank, subject to review.
All other terms and conditions of the Directive under reference shall remain unchanged.