RBI’s Action Report – 23rd March 2026 | Irinjalakuda Town Co-operative Bank Ltd. – Appointment of a new Administrator

1. Key Details & Timeline The Reserve Bank of India (RBI) has executed a series of phased regulatory interventions against Irinjalakuda Town Co-operative Bank Ltd. to protect depositor interests and address severe governance deficits. July 30, 2025: RBI imposed All Inclusive Directions (AID) under Section 35A read with Section 56 of the Banking Regulation Act, […]

Appointment of Administrator, RBI Action