Monday, December 6, 2021

RBI imposes curbs on Maharashtra-based Nagar Urban Co-op Bank

The restrictions, imposed through directions under the Banking Regulation Act (as applicable to co-operative societies), 1949, shall remain in force for a period of six months from the close of business on December 6, 2021 and are subject to review, the Reserve Bank said in a statement.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-imposes-curbs-on-maharashtra-based-nagar-urban-co-op-bank/articleshow/88127800.cms

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