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RBI extends restrictions on Samarth Urban Co-op Bank until April 2027

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.

Reserve Bank of India — Press Releasesabout 12 hours agoINengCredibility 10%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1

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OsmanabadMaharashtra

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