Case Brief
The Reserve Bank of India extended the existing Directions issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949 against National Urban Co-operative Bank Ltd., Pratapgarh, Uttar Pradesh. The directive, originally issued on April 15, 2024, had already been extended once and is now continued from close of business on January 15, 2025 until close of business on April 15, 2025, subject to review. No other terms or conditions were changed.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Pratapgarh, Uttar Pradesh
- Order Date