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RBI Extends Restrictions on Kanaka Pattana Sahakara Bank, Davangere
Reserve Bank of India — Press ReleasesHI·IN·2 days ago
The Reserve Bank of India has extended its supervisory directive under the Banking Regulation Act on The Gujarat Rajya Karmachari Co-op. Bank Ltd., Ahmedabad, beyond September 11, 2026. The extension indicates continued financial or governance weaknesses at the cooperative bank, prolonging restrictions on its operations. This is a routine regulatory action for a small cooperative bank, with limited systemic market impact.
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