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Brief
"On 28/10/2024, the Reserve Bank of India issued an update regarding Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra – Extension of Period.
The Reserve Bank of India had initially extended the period of operation of the Directive for a six-month period up to January 28, 2023, which was later extended up to October 28, 2024. The RBI has now decided to further extend the period of operation by another three months from October 28, 2024, to January 28, 2025, subject to review.
All other terms and conditions of the Directive will remain unchanged."
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