The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra

RBI extended the existing directions on Maratha Sahakari Bank Limited, Mumbai, Maharashtra until August 31, 2022. The original restrictions remain unchanged.

The bank continues to operate under RBI-imposed restrictions until August 31, 2022, subject to further review. Customers and counterparties remain affected by the existing operational limits, if any, imposed under the directions, and the bank must continue complying with the unchanged conditions.

• Section 35 A
• Section 56 of the Banking Regulation Act, 1949
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended the Section 35A directions on The Maratha Sahakari Bank Ltd., Mumbai, for another three months. The bank remains under the same operating restrictions subject to review.

The bank continues to operate under the existing RBI-imposed restrictions through November 30, 2018 unless reviewed/changed earlier. Customers and counterparties remain subject to whatever limitations were already embedded in the Section 35A directions, while the bank must continue complying with the order and any conditions attached to it.

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