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Date: 27/09/2019
Directions under Section 35A of the Banking Regulation Act, 1949 – Hindu Co-operative Bank Limited, Pathankot, Punjab – Extension

Reserve Bank of India had, in the public interest, issued Directions to Hindu Co-operative Bank Limited, Pathankot, Punjab in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, (AACS) from the close of business on March 25, 2019. The Directions are now extended with certain modifications and would be applicable till March 24, 2020. A copy of the Extended Directive is displayed at Head Office/ branches/ all other business premises of the bank.

Yogesh Dayal      
Chief General Manager

Press Release : 2019-2020/801

 
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