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5.1
India Overnight Rates Ease to 4.81% as RBI Liquidity Operations Signal Easing Bias
Reserve Bank of India — Press ReleasesLO·IN·3 days ago
The Reserve Bank of India has extended regulatory directions under the Banking Regulation Act on The Gauhati Co-operative Urban Bank Ltd. for six months until March 2027, citing public interest. This is a continuation of an existing supervisory action, not a new development. The extension signals persistent financial weakness at the bank, with implications for depositor confidence in the co-operative banking sector.
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