BANK NEWS
RBI extends validity of the Directions issued to the Peoples Co-operative Bank Ltd Kanpur
Uttar Pradesh: The Reserve Bank of India (RBI) has extended the Directions issued to the People’s Co-operative Bank Ltd., Kanpur for a period of six months from December 11, 2020 to June 10, 2021, subject to review.
The validity of the directive, which was issued up to December 10, 2020 has been extended for a period of six months from December 11, 2020 to June 10, 2021. A copy of the directive dated December 09, 2020 is displayed at the bank’s premises for the perusal of public.
The modification of the directive by the Reserve Bank should per se not be construed as improvement or deterioration in the financial position of the bank. The Reserve Bank may consider modifications of the directive depending upon circumstances.
News Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project