Case Brief
What Happened
The Reserve Bank of India extended the existing All-Inclusive Directions applicable to Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan. The bank had originally been placed under these directions from close of business on November 09, 2018, and the validity had previously been extended up to September 09, 2020. Under the directive dated September 3, 2020, the directions continue to apply from September 10, 2020 to December 09, 2020, subject to review, with all other terms and conditions unchanged.