In a press release the Reserve Bank of India has extended the Direction on the Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka for a further period of six months from September 01, 2020 to February 28, 2021, subject to review.
The UCB was placed under restriction on February 21, 2019 for a period of six months with effect from close of business on February 28, 2019, which were last extended time and again.
Other terms and conditions of the Directives under reference, as modified from time to time, shall remain unchanged.