India, July 7 -- The Reserve Bank of India (RBI) has extended the regulatory directions imposed on Samarth Urban Co-operative Bank Ltd., Osmanabad, Maharashtra, for another three months, from the close of business on July 7, 2026, until October 7, 2026, subject to review.
The restrictions, originally imposed in October 2025 under the Banking Regulation Act, were previously extended up to July 7, 2026. The RBI said the latest extension has been made after assessing the prevailing situation and determining that it is necessary in the public interest.
The central bank clarified that all existing terms and conditions of the directive will remain unchanged. It also emphasized that the extension should not be interpreted as an indication that t...