The Reserve Bank of India has extended the period of supersession for a further period of one year, effective from November 24, 2026, in exercise of its powers under sub-Section (1) of Section 36AAA read with Section 56 of the Banking Regulation Act, 1949.

A statement by Reserve Bank of India. Statements are as reported by the cited publishers — not verified by DecisionGateway.

has extended the period of supersession for a further period of one-year, effective from November 24, 2026