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RBI extends regulatory restrictions on Sadbhav Nagrik Sahakari Bank, Chhatarpur
Reserve Bank of India — Press ReleasesLO·IN·1 day ago
The Reserve Bank of India has extended regulatory directions under Section 35A of the Banking Regulation Act on Samarth Urban Co-operative Bank Ltd., Osmanabad, for a further period, now until April 2027. The extension indicates continued financial weakness or governance issues at the bank, with depositor restrictions persisting. This is a routine supervisory action for a small co-operative bank, with limited systemic impact.
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