The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A 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 last extended upto February 08, 2020 shall continue to apply to the bank for a further period of six months from February 09, 2020 to August 08, 2020 subject to review.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2019-2020/1917