Brief

"On November 22, 2024, the Reserve Bank of India issued an update regarding Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 – HCBL Co-operative Bank Ltd., Lucknow – Extension of period". The RBI extended the Directive for a further period of three months from November 24, 2024 to February 24, 2025, subject to review.

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Reserve Bank of India

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