The Reserve Bank of India has extended the period of operation of the Directive issued to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru for a further period of three months from May 11, 2023 to August 10, 2023, subject to review.
The UCB was first placed under Direction on January 02, 2020, the validity of which was extended from time to time, last being up to May 10, 2023.
Other terms and conditions of the Directives under reference shall remain unchanged.