RBI extends curbs on THIS UP-based bank by 3 months; no fresh loan, deposits allowed - check what will happen to account holders
The Reserve Bank of India (RBI) has extended restrictions on People`s Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10.
The bank has been under restrictions since June 10, 2020, through the directives issued under Section 35A of the Banking Regulation Act, 1949 (AACS). Source: Reuters