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Reserve Bank of India — Press releases·· 2 hours agoAI score43

Reserve Bank of India extends its takeover of Abhyudaya Co-operative Bank’s board by another year

Supersession of Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai - Extension of period

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Reserve Bank of India has extended its takeover of Abhyudaya Co-operative Bank’s board by another year, effective November 24, 2026. Satya Prakash Pathak will continue as the bank’s administrator, assisted by the current Advisory Committee.

Source:Reserve Bank of India — Press releases · rbi.org.in