India, July 3 -- The Reserve Bank of India (RBI) has extended the regulatory restrictions on Innovative Co-operative Urban Bank Ltd., New Delhi, for an additional three months, from July 4, 2026, to October 4, 2026, subject to review.
The directions, first issued in July 2025 under the Banking Regulation Act, have been extended in the interest of depositors and public interest. RBI clarified that the extension should not be construed as an endorsement of the bank's financial position, while all other terms and conditions of the existing directive will continue unchanged.
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