RBI extends restrictions on Sonpeth Nagari Sahakari Bank for another 3 months
Published 2 d ago1 sourceEvidence: Reported
The Reserve Bank of India has extended its regulatory directions on Lokapavani Mahila Sahakari Bank Niyamitha, Mandya, beyond October 30, 2026, citing public interest. The extension continues restrictions on the cooperative bank's operations, indicating ongoing financial stress. This is a routine regulatory action for a small cooperative bank, with limited systemic impact.
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