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RBI extends Directions issued to Gokul Co-operative Urban Bank Ltd., Secunderabad

The Reserve Bank of India, in exercise of the powers vested in it under Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) has directed that the Directives issued to Gokul Co-operative Urban Bank Ltd., Secunderabad from the close of business on April 04, 2017 shall continue to apply to the bank for a further period upto June 30, 2017 subject to review.

Other terms and conditions of the Directive under reference shall remain unchanged.

A copy of this Directive dated March 24, 2017 is displayed at the bank’s premises for the perusal of members of public.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/2665

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