BANK NEWS
RBI extended period of three months for Kolikata Mahila Co-operative Bank
New Delhi: Reserve Bank of India, in public interest, had issued Directions to Kolikata Mahila Co-operative Bank Limited, Kolkata, West Bengal in exercise of its powers vested in it under Sub-Section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on July 09, 2019 as modified from time to time which was last extended up to July 09, 2020.
Reserve Bank of India has now, in public interest, further extended the Directions for a period of three months from July 10, 2020 to October 09, 2020. A copy of the Directive is displayed at bank’s premises for perusal of public.
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