Case Brief
Reserve Bank of India had previously issued directions to Hindu Co-operative Bank Limited, Pathankot, Punjab under Section 35A read with Section 56 of the Banking Regulation Act, 1949, in the public interest, from the close of business on March 25, 2019. The present release extends those directions with certain modifications and states that they remain applicable till March 24, 2020. The directive is displayed at the bank’s head office, branches, and other business premises.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Pathankot, Punjab
- Order Date