Decision/Other/
Adopted

Extension of supersession of Abhyudaya Co-operative Bank Board

The RBI extended its supersession of the Abhyudaya Co-operative Bank board for another year from November 24, 2026, keeping the administrator and advisory committee in place because of governance concerns.

Actors and targets

Source

has extended the period of supersession for a further period of one-year, effective from November 24, 2026
bank_nbfc_fintech · Telegram Open post

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Decision maker
Reserve Bank of India
Location
Mumbai

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