Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Motiram Agrawal Jalna Merchants Co-operative Bank Ltd, Jalna – Extension of Period

The Reserve Bank of India has issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Motiram Agrawal Jalna Merchants Co-operative Bank Ltd, Jalna, extending the period of operation of the Directive for an additional three months. The directive, initially valid until October 10, 2026, has been extended until January 10, 2027.

The Reserve Bank of India is satisfied that it is in the public interest to further extend the period, but this extension does not imply satisfaction with the bank's financial position. Other terms and conditions of the Directive remain unchanged.

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