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Brief
"On November 21, 2024, the Reserve Bank of India issued an update regarding Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - Thodupuzha Urban Co-operative Bank Ltd, Kerala - Extension of period. The RBI extended the period of operation of the aforesaid Directions by three months from November 23, 2024, to February 23, 2025, subject to review, citing public interest and satisfaction."
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