Case Brief
What Happened
The Reserve Bank of India has extended the validity of its existing Section 35A read with Section 56 directions issued to The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra. The original directive dated July 27, 2022 had already been extended once and will now continue to apply from April 29, 2023 through July 28, 2023, subject to review. No new restrictions are described; the earlier directions continue unchanged.