No respite to Musiri Urban Co-op Bank

The Reserve Bank of India  has extended Directions to Musiri Urban Co-operative Bank Limited, Musiri for a further period of three months from September 03, 2023 to December 02, 2023, subject to review.

The UCB was first placed under Direction dated March 02, 2023, for a period of six months up to September 02, 2023.

Other terms and conditions of the Directives under reference, shall remain unchanged.

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