Case Brief
The Reserve Bank of India has extended the existing Directions issued to The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad, Gujarat under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The extension runs from close of business on 18 September 2026 to close of business on 18 December 2026, subject to review. The release says all other terms and conditions remain unchanged and does not imply satisfaction with the bank's financial position.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Valsad, Gujarat
- Order Date