1. Sarvodaya Co-operative Bank Ltd., Mumbai 📌 Key Details Original Directive: April 15, 2024 Extension Period: April 15, 2026 to July 15, 2026 (3 months) Location: Mumbai, Maharashtra Notification Date: April 10, 2026 🔍 Root Cause Analysis (RCA) Protracted financial instability likely stemming from a high proportion of non-performing assets (NPAs) concentrated in localized commercial […]
1. Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur (M.P.) Key Details Original Directive Date: October 06, 2025 Previous Expiry: April 07, 2026 Extended Period: 3 Months (Up to July 07, 2026) Root Cause Analysis (RCA) The imposition and subsequent extension of Section 35A indicate severe erosion of the capital base primarily driven by high Gross Non-Performing
1. The Industrial Co-operative Bank Ltd., Guwahati Info Key Details Regulatory Action: Extension of Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949. Press Release Date: April 02, 2026 Original Directive Date: July 03, 2025 Latest Extension Period: Close of business on April 04, 2026, to July 04, 2026 (3
1. Executive Summary The Reserve Bank of India (RBI) has issued a notification regarding the extension of regulatory directions imposed on Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., operating out of Gokak, Karnataka. The RBI has determined that continuing these operational restrictions is necessary in the public interest. 2. Key Details of the Action Applicable
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
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
