Case Brief
The Reserve Bank of India has extended the period of its existing All Inclusive Directions issued to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, Hingoli, Maharashtra. The original directive dated July 28, 2022 was to operate for six months up to January 29, 2023; RBI has now continued it for a further three months from January 30, 2023 to April 29, 2023, subject to review. All other terms and conditions of the directive stay unchanged.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Basmatnagar, Maharashtra
- Order Date