Reserve Bank of India Extends Regulatory Directions for Lokapavani Bank
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On October 28, 2026, the Reserve Bank of India announced its decision to extend the regulatory directions imposed on Lokapavani Mahila Sahakari Bank Niyamitha, located in Mandya. The extension is for three months, from the close of business on October 30, 2026, until the close of business on January 30, 2027, with the decision subject to review. The Reserve Bank of India also emphasized that the extension should not be construed as indicating its endorsement of the bank’s financial position, and that the other terms of the original regulatory directions remain unchanged. The announcement did not disclose the specific content of the other terms of the original directions.
AI-written from reports · updated 5 hours ago
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- Reserve Bank of India — Press releasesReserve Bank of India extends regulatory directions for Lokapavani Mahila Sahakari Bank Niyamitha, Mandya
Reserve Bank of India has extended the regulatory directions for Lokapavani Mahila Sahakari Bank Niyamitha, Mandya by three months, from the close of business on 2026年10月30日 to the close of business on 2027年1月30日, subject to review. The extension should not be construed as Reserve Bank of India acknowledging the bank’s financial condition; all other provisions of the original directions remain unchanged.
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