Case Brief
The Reserve Bank of India extended the period of operation of the existing directive issued to The C.K.P. Co-operative Bank Ltd., Mumbai, Maharashtra. The original directions were issued on April 30, 2014 and had already been extended earlier; this release extends them again for a further three months from the close of business on July 31, 2015. RBI notes that the other terms and conditions remain unchanged and that the modification should not be interpreted as satisfaction with the bank's financial position.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Mumbai, Maharashtra
- Order Date