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Reserve Bank of India — Press releases·· 2 hours agoAI score48

Reserve Bank of India extends regulatory directions on Kerala-based The Irinjalakuda Town Co-operative Bank Ltd. to January 30, 2027

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Irinjalakuda Town Co-operative Bank Ltd., Kerala - Extension of period

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Reserve Bank of India has extended the regulatory directions on Kerala-based The Irinjalakuda Town Co-operative Bank Ltd. for another three months, from the close of business on October 30, 2026, to the close of business on January 30, 2027, subject to review. The extension does not imply that Reserve Bank of India endorses the bank’s financial position; all other terms of the original directions remain unchanged.

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