RBI extends restrictions on Suri Friends' Union Co-op Bank until Jan 2027

The Reserve Bank of India extended its regulatory directions on The Suri Friends' Union Co-operative Bank Ltd., Suri, West Bengal, for another three months until January 22, 2027, citing public interest. The bank has been under RBI restrictions since July 2022, with repeated extensions indicating ongoing financial weakness. This is a routine regulatory action for a small co-operative bank, with no broader systemic implications.

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