The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank. Ltd., Beed, Maharashtra below Section 35A learn with Section 56 the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/ 2021-22 dated March 9, 2022. 2. The Reserve Bank of India is happy that within the public curiosity, it’s essential to increase the interval of operation of the Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022, issued to Dwarkadas Mantri Nagari Sahakari Bank. Ltd., Beed, Maharashtra. 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 DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022, issued to Dwarkadas Mantri Nagari Sahakari Bank. Ltd., Beed, Maharashtra, shall proceed to use to the financial institution for an extra interval of three months from September 10, 2022, to December 9, 2022, topic to evaluation. 3. All different phrases and situations of the Directives shall stay unchanged. (Yogesh Dayal) Press Release: 2022-2023/856 |