The Vaish Co-operative Commercial Bank Ltd

RBI extended its existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi for three more months. The order continues the earlier restrictions in force from February 9, 2021 to May 8, 2021.

The bank remains subject to the existing RBI directions through May 08, 2021 unless revised earlier on review. The continuation preserves the operational restrictions already in place, affecting the bank’s conduct and any customers or counterparties subject to those restrictions.

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

RBI extended the existing directions against The Vaish Co-operative Commercial Bank Ltd., New Delhi for six more months. The bank remains under the same restrictions until February 08, 2021, subject to review.

The bank must continue to operate under the existing RBI directions for an additional six months, subject to further review. Depositors and other stakeholders remain subject to the same restrictions already in force, and the bank cannot assume any relaxation until RBI changes the order.

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

RBI extended the existing directions against The Vaish Co-operative Commercial Bank Ltd., New Delhi for another six months. The order continues the earlier Section 35A restrictions subject to review.

The bank remains subject to the same RBI-directed operational restrictions for the six-month extension period, unless revised on review. Customers and counterparties continue to be affected by whatever limitations were already in force under the standing directive.

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

RBI extended its existing Section 35A directions against The Vaish Co-operative Commercial Bank Ltd., New Delhi. The order will remain in force for another six months, subject to review.

The bank remains subject to the earlier RBI operating directions for the additional six-month period. Any restrictions embedded in the directive continue to apply, affecting the bank’s operations and the services it can provide to customers until the stated end date or further review.

• Section 35A
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi for another six months. The bank remains subject to the same Section 35A restriction during this period.

The bank must continue complying with the pre-existing RBI directions for the stated six-month period, unless RBI revises them on review. The restriction continues to affect the bank’s operations and, indirectly, its customers and counterparties for the duration of the extension.

• Section 35A
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi for another four months. The earlier restrictions continue to apply subject to review.

The bank remains under the same RBI-imposed operating restrictions through February 08, 2019, subject to review. Customers and counterparties are affected to the extent the existing directions limit bank operations.

• Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi for another three months. The restrictions continue from July 09, 2018 to October 08, 2018, subject to review.

The bank remains under the same RBI-imposed operational restrictions during the extended period. The direction affects the bank’s ability to operate normally and continues until October 08, 2018 unless reviewed earlier.

• Section 35A
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi for six more months. The order continues the bank’s operating restrictions from January 9, 2018 to July 8, 2018, subject to review.

The bank remains subject to RBI-imposed operating restrictions for the six-month extension period. The order continues to affect the bank’s ability to operate normally until July 8, 2018, unless further modified or withdrawn on review.

• Section 35A
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions against The Vaish Co-operative Commercial Bank Ltd., New Delhi, until January 08, 2018. The order continues the earlier Section 35A restrictions subject to review.

The bank remains subject to the same operating restrictions already in place through January 08, 2018, unless RBI changes them on review. Customers and counterparties continue to face whatever limitations the underlying directive imposes.

• Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi for six more months. The order continues the prior Section 35A restriction subject to review.

The bank remains subject to the same existing regulatory directions for the extended period, so its operations continue under RBI-imposed conditions until 08.09.2017 unless reviewed earlier. Customers and counterparties remain affected by the ongoing restriction.

• Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI extended the existing directions on The Vaish Co-operative Commercial Bank Ltd., New Delhi, for another six months till March 08, 2017. The earlier terms continue unchanged.

The bank remains subject to the same RBI-imposed operating conditions for six more months, with no change in the existing restrictions. The extension continues to affect the bank’s operations until March 08, 2017, subject to review by RBI.

• Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI issued Section 35A directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi, restricting several core banking activities. The bank may continue operating only within the specified limits.

The bank must operate under strict restrictions until RBI issues further notice or modifies the directions. Depositors can withdraw only up to the specified limit per account, and borrowers/sureties may face adjustment of balances against liabilities first; lending, fresh deposits, and other core balance-sheet actions are curtailed.

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