Case Brief
The Reserve Bank of India extended the period of operation of its directive on The C.K.P. Co-operative Bank Ltd., Mumbai, Maharashtra, by three months from the close of business on October 31, 2015. The release says the directive is subject to review and that all other terms and conditions remain unchanged. It also notes that the earlier directions had been in place since April 30, 2014 and had been extended multiple times before this latest extension.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Mumbai, Maharashtra
- Order Date