The Reserve Bank of India has extended the Direction on Guna based Garha Co-op Bank.
The UCB was first placed under direction on February 23, 2021, which was extended till August 23, 2021 and again till November 24, 2021.
Now it shall continue to apply to the bank for a further period of three months from November 25, 2021 to February 24, 2022, subject to review.
Other terms and conditions of the Directive under reference shall remain unchanged.