The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified from time to time, the validity of which was extended upto July 08, 2018, shall continue to apply to the bank for a further period of three months from July 09, 2018 to October 08, 2018 subject to review.

Ashish Daryani
Assistant Manager

Press Release : 2018-2019/43