![[Toyota Times] Century as a Brand, Lexus as Innovation: All the Details on Toyota's New Project!](https://businessfortnight.com/wp-content/uploads/2025/10/Toyota-Times-Century-as-a-Brand-Lexus-as-Innovation-All-218x150.jpg "[Toyota Times] Century as a Brand, Lexus as Innovation: All the Details on Toyota's New Project!")
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The Reserve Bank of India, within the public curiosity, had issued instructions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh in train of powers vested in it below sub-part (1) of Section 35 A learn with Section 56 of the Banking Regulation Act, 1949 (AACS) from the shut of business on February 24, 2021. The validity of the instructions was prolonged from time-to-time, the final being as much as August 24, 2022. The Reserve Bank of India has now additional prolonged the Directions for a interval of three months from August 25, 2022 to November 24, 2022, topic to assessment. The Directions stipulate sure restrictions and / or ceiling on withdrawal / acceptance of deposits. The detailed Directions are displayed on the financial institution’s premises for members of public to peruse. Reserve Bank of India could think about modifications of the Directions relying upon the circumstances. The problem of Directions mustn’t per se be construed as cancellation of banking license by the Reserve Bank of India. The financial institution will proceed to undertake banking business with restrictions until its monetary place improves. (Yogesh Dayal) Press Release: 2022-2023/748 |
