Sumerpur Mercantile Urban Co-operative Bank Limited

RBI extended the All-Inclusive Directions on Sumerpur Mercantile Urban Co-operative Bank Limited for three more months. The existing restrictions continue unchanged until March 06, 2024.

The bank continues to operate under the existing RBI-imposed Section 35A restrictions until close of business on March 06, 2024, unless modified earlier. Customers and counterparties remain subject to the operational constraints already in place under the directive, and the public notice confirms the restrictions remain effective at the branch premises.

• Section 35A of Banking Regulation Act, 1949 (AACS)
• Section 56 of the Banking Regulation Act, 1949

RBI extended the All-Inclusive Directions imposed on Sumerpur Mercantile Urban Co-operative Bank Limited for another three months. The existing restrictions remain unchanged.

The bank continues to operate under the existing RBI-imposed restrictions until close of business on December 06, 2023, unless further modified or withdrawn. Depositors, customers, and counterparties remain subject to the operational limitations already contained in the All-Inclusive Directions.

• Section 35A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949

RBI extended the All-Inclusive Directions on Sumerpur Mercantile Urban Co-operative Bank Ltd for another three months. The bank remains under the same operating restrictions unchanged.

The bank continues to operate under the same Section 35A restrictions through September 06, 2023, subject to review. Depositors, customers, and counterparties remain subject to the operational limits already imposed by the earlier directive.

• Section 35A of the Banking Regulation Act, 1949 (AACS)
• Section 56 of the Banking Regulation Act, 1949