No relief for Bhilwara Mahila Urban Co-op Bank

Reserve Bank of India (RBI) has extended the period of operation of Directive issued to Bhilwara Mahila Urban Co-operative Bank Ltd?, Bhilwara (Rajasthan).

The directive shall continue to apply to the bank for a further period of 3 months from July 10, 2018 to October 09, 2018, said RBI in a press release.

The UCB was pit under Directive for the first time on March 07, 2017.

The other terms and conditions of the Directives under reference shall remain unchanged, the regulator clarified.

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