RBI’s Action Report – 6th March 2026 | The Amanath Co-operative Bank Ltd. – Extension of Period

1. Executive Summary The Reserve Bank of India (RBI) has issued a press release announcing the extension of regulatory directions imposed on The Amanath Co-operative Bank Ltd., Bangalore. Initially enforced under Section 35A read with Section 56 of the Banking Regulation Act, 1949, on June 12, 2024, the operational and financial restrictions have now been […]

Extension of Period, RBI Action

RBI’s Action Report – 4th February 2026 | Sri Guru Raghavendra Sahakara Bank Niyamitha – Extension of Period

Executive Summary The Reserve Bank of India (RBI) has extended the period of Directions imposed on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru for a further period of three months, valid until May 10, 2026. This extension highlights the regulator’s continued dissatisfaction with the bank’s financial position following the massive financial irregularities first uncovered in

Extension of Period, RBI Action
Scroll to Top