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RBI extends restrictions on Ramgarhia Co-op Bank for another 3 months
Reserve Bank of India — Press ReleasesLO·IN·2 days ago
The Reserve Bank of India has extended the directions imposed on Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, Madhya Pradesh, under Section 35A of the Banking Regulation Act, 1949, for a further period, now until October 7, 2026. This is a continuation of an existing regulatory action, indicating ongoing supervisory concerns about the bank's financial health. The extension signals persistent stress in a small cooperative bank, with limited direct market impact.
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