Case Brief
The Reserve Bank of India extended the ongoing directions applicable to Rupee Co-operative Bank Ltd., Pune, Maharashtra. The bank had originally been placed under directions from the close of business on February 22, 2013, and the validity had been extended from time to time. By the August 27, 2021 directive, RBI continued those directions until November 30, 2021, subject to review, with all other terms and conditions unchanged.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Pune, Maharashtra
- Order Date