RBI Extends Restrictions on Kanaka Pattana Sahakara Bank, Davangere

The Reserve Bank of India has extended its regulatory directive under Section 35A of the Banking Regulation Act on Kanaka Pattana Sahakara Bank Niyamita, Davangere, beyond September 12, 2026. The extension indicates continued financial or governance concerns at the cooperative bank, with restrictions likely on withdrawals or lending. This is a routine regulatory action for a small cooperative bank, with limited systemic impact.