The Reserve Bank of India has extended Direction on Kerala based the Adoor Co-operative Urban Bank for a period of one month, from January 10, 2023 to February 09, 2023, subject to review.
The UCB was first placed under Direction from close of business on November 09, 2018 for a period of six months, which were extended from time to time.
Other terms and conditions of the Directive under reference, as modified from time to time, shall remain unchanged.