Case Brief
The Reserve Bank of India notified that the directions already in force against Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur under Section 35A of the Banking Regulation Act, 1949 (AACS) were extended further for three months from September 1, 2015. The release notes that the directive had earlier been issued on August 28, 2014 and extended again on February 05, 2015, and that the latest modification leaves all other terms and conditions unchanged.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Ichalkaranji, Kolhapur
- Order Date