Sivagangai District Central Co-operative Bank Ltd. - আৰবিআই - Reserve Bank of India
Sivagangai District Central Co-operative Bank Ltd.
There have been enquiries regarding the present status of the Sivagangai District Central Co-operative Bank Ltd., which has been placed under directions.
The National Bank for Agriculture and Rural Development (NABARD) has since completed the inspection of the Sivagangai District Central Co-operative Bank Ltd., and submitted its report to the Reserve Bank of India. A copy of the report has also been forwarded to the Sivagangai District Central Co-operative Bank Ltd. Based on the report, suggestions for remedying critical deficiencies in its working and its financial position have been made to the Sivagangai District Central Co-operative Bank Ltd.
Relaxations in the directions issued to the Sivagangai District Central Co-operative Bank Ltd., will be considered based on its response.
The Reserve Bank of India has also kept the Government of Tamil Nadu informed.
Alpana Killawala
Chief General Manger
Press Release: 2004-2005/1234