The Reserve Bank of India has extended the Directions on Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik for a further period of three months from May 18, 2023 to August 17, 2023, subject to review.
All other terms and conditions of the Directives under reference shall remain unchanged, says RBI in a release. The UCB was first placed under direction on May 18, 2018 for a period of six months.
The validity of which was extended several times.