Case Brief
The Reserve Bank of India had issued Directions in public interest to The Hindu Co-operative Bank Limited, Pathankot, Punjab under Section 35A read with Section 56 of the Banking Regulation Act, 1949, effective from the close of business on March 25, 2019. In this release, RBI says those Directions are now partially modified, and the modified directive is being displayed at the bank's head office, branches, and other business premises.
Action Snapshot
- Primary Impact
- Lifted
- Entity Type
- Co-operative bank
- Location
- Pathankot, Punjab
- Order Date