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Brief
On "14/11/2024", the "Reserve Bank of India" issued an update regarding "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra – Extension of Period". The Reserve Bank of India has further extended the period of operation of the Directive beyond November 17, 2024. The new deadline for the extension is February 17, 2025.
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