Reserve Bank of India — Press releases·· 10 hours agoAI score53
Reserve Bank of India extends supervisory directions for Sri Guru Raghavendra Sahakara Bank Niyamitha to May 10, 2027
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru - Extension of Period
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The Reserve Bank of India has extended the supervisory directions for Bengaluru-based Sri Guru Raghavendra Sahakara Bank Niyamitha by six months, from the close of business on November 10, 2026, to the close of business on May 10, 2027, and accepted a review. The Reserve Bank of India said the extension should not be construed as an endorsement of the bank’s financial position, while the other terms of the original directions remain unchanged.
Source:Reserve Bank of India — Press releases · rbi.org.in