|
The Reserve Bank of India issued Directions to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka below Section 35A learn with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022. 2. The Reserve Bank of India is happy that within the public curiosity, it’s needed to increase the interval of operation of the Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022 issued to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka. Accordingly, the Reserve Bank of India, in train of powers vested in it below sub-part (1) of Section 35A learn with Section 56 of the Banking Regulation Act, 1949, hereby directs that the Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022, issued to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka, shall proceed to use to the financial institution for an extra interval of three months from October 08, 2022 to January 07, 2023, topic to evaluate. 3. Other phrases and circumstances of the Directive below reference as modified now and again, shall stay unchanged. (Yogesh Dayal) Press Release: 2022-2023/1016 |
